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Fundamental Research

Macro Update: In Recovery

May 2016

Return to Research

OPEC Rips, US Slips and Spare Capacity Dips.

New York

15 Little West 12th Street, 4th Floor
New York, NY 10014

Denver

1401 Lawrence Street, 17th Floor
Denver, CO 80202

United Kingdom

Kimmeridge Energy Management Ltd.
Level 1, Devonshire House One Mayfair Place, W1J8AJ, U.K.

Kimmeridge Energy Management Ltd. (Kimmeridge UK) is authorized and regulated by the UK Financial Conduct Authority (Firm Reference Number: 1004009). Kimmeridge UK may act as a distributor of the products or services provided by its group affiliates, targeting institutional and professional investors.

ADGM

Unit No. 11, Floor 7, Al Sila Tower, Abu Dhabi Global Market Square
Al Maryah Island, Abu Dhabi

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