Insights

Daily Oil Fundamentals

Change is a Matter of Perspective

05 Nov 2026

Change is a Matter of Perspective

Now that Donald Trump has been served a political bloody nose in the US Mid-Term elections, losing both houses of Congress, he may now be viewed as a ‘lame duck’ President, unable to fulfil any sort of legislative agenda and probably having to turn into a President of veto as the Democrats embark on pushback against the last two-years of MAGA.

Daily Oil Fundamentals

Blue Wave, Indeed

04 Nov 2026

Blue Wave, Indeed

The US will wake up this morning to a politically wounded President and a mightily incensed Republican leadership. No doubt, accusations will fly, but the consequences will be anything but clear. Nothing, absolutely nothing, about the second Trump presidency has been predictable. The Democrats, with 323 of the 435 House seats and 28 of the 35 Senate seats counted at the time of writing, will have won control of both chambers.

Daily Oil Fundamentals

Ballot Blues

03 Nov 2026

Ballot Blues

No doubt the true nature of the peace overtures currently correcting oil prices will emerge after the US Mid-Term election result is revealed. There will be reams of opinion to sift through, including ours, but predictors of election results we are not and believe rather cynically that US voters are now in the habit of not telling the truth to pollsters.

PVM Data & Analytics

Parameta Solutions, the data and analytics arm of TP ICAP, delivers global energy and commodities market data sourced directly from PVM. This empowers traders, analysts, and risk managers to optimise hedging strategies, price contracts and reduce risk exposure.

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