Daily Oil Fundamentals
An Almost Compelling Argument
07 Oct 2026An Almost Compelling Argument
Numbers do not lie. Well, usually they don’t. If you add two to two, you get four. If the price of a medication costing $100 is cut by 600%, the patient will get paid $500 for the prescription. If 5.8 million bbls of crude oil have been pumped through the East-West pipeline, as estimated by Aramco’s CEO, or 12 mbpd of crude oil and 2 mbpd of products are transiting the Middle East, according to the boss of Vitol, the oil balance changes materially.
