Nagamasa Global's Market Researchers Release the Current Energy Outlook
Nagamasa Global publishes its Energy Outlook as a principal source of insight revealing the results of energy policies and investment decisions
TOKYO, Japan - Jan. 23, 2022 - PRLog -- Nagamasa-Global.com , a commodity broker that aims to offer the highest level of customer service and transaction capability required by today's sophisticated financial market participants, has announced the release of the latest Energy Outlook, which implies geopolitical risks for the oil supply, restoring in oil demand, and it presents oil as a point of light in a bearish perspective of the energy market.
According to the latest projections, a global oil demand increase has been pointed out. Around 18% of the projected increase in oil demand is related to bunker-fuel specification changes, which will accelerate the use of high-sulfur fuel oil in power generation, thus registering a higher consumption of middle distillates and low-sulfur fuel oil in the shipping sector. Heating and cooling will have a significant impact on oil demand due to total global energy consumption growth, and agriculture cycles will have an influence on harvests alike climate events on the economic activities. Overall refinery margins will scale up in dependance with strong gasoil prices and higher demand for distillates.
Zenzo Kasahara, Senior Managing Director Commodity Products, expressed his position on the Energy Outlook: "Together with the new upcoming decade, the first quarters may represent a continuance for an energy complex that is predominantly accelerating. By the end of this year, we will witness energy prices that will fluctuate in order to register significant gains over the previous years and other fuels will register price declines. Nevertheless, oil prices will hit a pricing performance, profiting from the increased demand and the high potential of restraining supply. All in all, energy decision makers must take an evidence-based look at their current positions and the implications of the alternatives they take".
About Nagamasa Global
Nagamasa Global provides insights in the commodities markets to all market participants to allow them to make better business decisions with confidence. The firm includes a team of experienced financial and market advisors offering a vast list of services for small-scale businesses, individuals, corporate and governmental entities. The company is emerging as a trusted commodity broker with customers from different sectors looking for expertise in pricing, news, and analytics. The company focuses on feasibility more than anything else, and this is the reason it provides a wide array of products and services to its clients that allow them to better sustain their investments.