Insights

Daily Oil Fundamentals

Running Out of Reasons Not to Rally

20 Oct 2026

Running Out of Reasons Not to Rally

Despite the waiving of Russian sanctions and the waving off of a large part of global goodwill, the US decision has not had the sentimental follow through in easing oil prices as is designed by the controversy. Whatever might flow from the Black Sea or Northern Sea Route (NSR) will be paltry in numerical barrels and will not help against the drawdown in oil inventories of the US or elsewhere any time soon.

Daily Oil Fundamentals

Diesel Deals and Doodles

16 Oct 2026

Diesel Deals and Doodles

A disparity, or correction depending on one’s bent, has formed in the oil complex, and it is inspired by the recent outperformance of WTI. There are several contributing factors, some that are fairly obvious and one a little more debatable.

Daily Oil Fundamentals

Sentiment Setback

15 Oct 2026

Sentiment Setback

Despite the quite extraordinary draw in crude inventories as published by the American Petroleum Institute of 11.1mb, oil prices are adhering to the sentiment in the wider suite and take a correction.

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