Energy Aspects
Independent energy research consultancy; widely-cited oil market analysis and forecasting.
Last refreshed: 1 June 2026
What does Energy Aspects say the Brent-Dubai EFS compression signals about real premium decay?
Timeline for Energy Aspects
Mentioned in: TTF breaks 38-session range to EUR 48.9
European Energy Markets- What is Energy Aspects and what does it do?
- Energy Aspects is a London-based independent energy research consultancy that publishes oil supply-demand balances, refinery throughput analysis, and tanker freight research for institutional clients including oil majors and trading houses.Source: background
- What is the Brent-Dubai EFS carry-versus-squeeze trade?
- The EFS carry-vs-squeeze framing distinguishes whether the Brent-Dubai spread is wide because of genuine light-sweet scarcity (squeeze) or because of low Middle East freight costs making the carry trade attractive; Energy Aspects cited this framing in analysing the late-May 2026 EFS compression.Source: background
- Who does Energy Aspects publish research for?
- Its clients are primarily institutional: oil majors, trading houses, and sovereign wealth funds. It does not publish public price forecasts in the same way as wire assessment services.Source: background
Background
Energy Aspects is an independent energy research and consultancy firm headquartered in London. It publishes analysis across crude oil, refined products, natural gas, and power markets, with particular depth in supply-demand balances, refinery throughput, and tanker freight dynamics. Its research is widely cited by traders, asset managers, and policy analysts operating in European and Asian oil markets.
The firm's core offering is a proprietary data and analysis service covering global oil balances on a weekly and monthly basis. Its refinery and outage analysis teams track crude quality flows and unplanned capacity losses across Atlantic Basin and Asian refining centres. In the European oil market context, Energy Aspects has been cited for its framing of physical market structures, including the Brent-Dubai EFS as a carry-versus-squeeze trade that distinguishes freight-driven tightness from geopolitical premium decay.
Energy Aspects operates as a private consultancy and does not publish price forecasts for public consumption in the way wire-service assessments do. Its client base is primarily institutional: oil majors, trading houses, and sovereign wealth funds seeking proprietary insight rather than consensus data.