Daily Oil Fundamentals

He Told Us it was Going Up

13 May 2025

He Told Us it was Going Up

In the ever-hopeful world of stock market investors, the news yesterday of a ninety-day grace period where the US reduces tariffs on China from 145% to 30%, and in turn, China on the US from 125% to 10% is good news. Welcome back to a form of financial relativism where one person's economic and trade restrictions should not be a hinderance to how another’s ever-bull tendencies may be expressed. What happens after ninety days is ignored, so is how this new development cures the motivation of President Trump to combat the ballooning trade deficit between the US and China.

Daily Oil Fundamentals

Ceasefires All Around

12 May 2025

Ceasefires All Around

To say that the return of risk appetite in the second half of last week was akin to a Lucullan feast would be a fervent statement, nonetheless, there was a discernible hunt for assets such as equities, the dollar and oil. The optimism was the result of actual and proposed trade negotiations between the US and its trading partners. President Trump can undeniably declare a victory over one of its steadfast allies, the UK, after a trade deal was announced on Thursday. The announcement came with the usual misleading narrative, saying that it was a comprehensive agreement.

Daily Oil Fundamentals

Markets In the Mood for a Deal

09 May 2025

Markets In the Mood for a Deal

An incredible testament to market and investor psyche has played out post the US/UK tariff deal. After months of a perceived trade war due to the tariff policies of Donald Trump’s White House, the first piece of ‘good’ news, as in a deal, seems to give visions of a vista where further global negotiations will be simple and a more harmonised trade environment and mutually pleasing outcome is achieved.