Insights

Daily Oil Fundamentals

Misplaced Mid-week Optimism

28 Sep 2026

Misplaced Mid-week Optimism

Heads were spinning, and eyes were rolling last week. It was a cumbersome task to follow, minute by minute, the events that shaped the thinking and views of the investment fraternity. Markets were volatile and, at times, even violent. Now that the dust has settled on the developments of a turbulent week, the key takeaways, admittedly and almost obviously arbitrary, are as follows: investors sent a strong message to all involved: end the conflicts; they do no good to anybody.

Daily Oil Fundamentals

Uncertain Truce, Uncertain Diesel, Undisputed Inflation

25 Sep 2026

Uncertain Truce, Uncertain Diesel, Undisputed Inflation

Predicting price movements is a brave undertaking. Betting on de-escalation, either in the Middle East or Ukraine, ditto. Tension undeniably keeps brewing, and not exactly under the surface.

Daily Oil Fundamentals

"All the World's a Stage"

24 Sep 2026

"All the World's a Stage"

Act II, Scene VII of ‘As You Like It’ by William Shakespeare foretold a modern truism that is being acted out at the United Nations. We thought there might be a wild ride for oil prices this week, and so it has been so far. The main topic below takes a peek at a possible diesel/heating oil export ban by the US, but the swings it caused in the arbitrage between CME Heating Oil and ICE Gasoil futures, commonly known as HOGO, is quite astonishing.

PVM Data & Analytics

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