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Extraction Summary

2
People
7
Organizations
2
Locations
1
Events
1
Relationships
3
Quotes

Document Information

Type: Financial research report / market analysis
File Size: 1.15 MB
Summary

This document is page 36 of 'GEMs Paper #26' published by Merrill Lynch on June 30, 2016. It contains a commodities analysis authored by Francisco Blanch and Peter Helles focusing on the Saudi National Transformation Plan (NTP) and predicting oil market tightness with prices averaging $55-75/bbl through 2020. The document bears a 'HOUSE_OVERSIGHT_016146' Bates stamp, indicating it was part of materials reviewed by the House Oversight Committee.

People (2)

Name Role Context
Francisco Blanch Author/Analyst
Commodities analyst for MLPF&S, listed with email address.
Peter Helles Author/Analyst
Analyst for MLI (UK), listed with email address.

Organizations (7)

Name Type Context
Merrill Lynch
Financial institution publishing the report.
BofA Merrill Lynch Global Research
Source credited for the chart data.
MLPF&S
Merrill Lynch, Pierce, Fenner & Smith (employer of Francisco Blanch).
MLI (UK)
Merrill Lynch International (employer of Peter Helles).
Bloomberg
Source for chart data.
OPEC
Oil cartel mentioned in market analysis.
House Oversight Committee
Implied by the Bates stamp 'HOUSE_OVERSIGHT_016146'.

Timeline (1 events)

2016-06-30
Publication of GEMs Paper #26
Global

Locations (2)

Location Context
Primary focus of the analysis regarding the National Transformation Plan (NTP).
UK
Location associated with Peter Helles.

Relationships (1)

Francisco Blanch Colleagues/Co-authors Peter Helles
Both listed as authors on the Merrill Lynch report.

Key Quotes (3)

"The Saudi National Transformation Plan (NTP) suggestion that production capacity is to be maintained at the current level until 2020 reinforces our conviction of medium-term oil market tightness."
Source
HOUSE_OVERSIGHT_016146.jpg
Quote #1
"We see oil averaging US$55-75/bbl over 2016-2020"
Source
HOUSE_OVERSIGHT_016146.jpg
Quote #2
"We think it likely that Saudi will dig into its untested spare capacity to go for increased market share, though uncertainty over how much Saudi can and will produce remains."
Source
HOUSE_OVERSIGHT_016146.jpg
Quote #3

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