Daily Oil Fundamentals
Investors’ Eyes Remain Averted from Oil
03 Dec 2024Investors’ Eyes Remain Averted from Oil
Once again, those that continue to hold exposure to the bourses of the United States instead of commodity assets such as oil are being rewarded. The S&P and Nasdaq march on to new record highs invigorated by a combination of boorish rhetoric from Donald Trump against BRICS economies that plot against the US Dollar's supremacy and something of a 'Goldilocks' ISM Manufacturing PMI reading.