Daily Oil Fundamentals

Saudi Move Triggers Temporary Sell-Off

09 Jan 2024

Saudi Move Triggers Temporary Sell-Off

Market equilibrium occurs at the point where the descending demand curve and the ascending supply curve intersect on a graph, the vertical axis of which is price and the horizontal one is quantity.

Daily Oil Fundamentals

Saudi OSP Reduction Adds to Negative Bias

08 Jan 2024

Saudi OSP Reduction Adds to Negative Bias

Markets step into the week with a quiet but uneasy feeling after what seemed a free-wheeling ride in the first few days of 2024.

Daily Oil Fundamentals

Focus is Firmly on the Israel-Gaza Conflict

05 Jan 2024

Focus is Firmly on the Israel-Gaza Conflict

The impressive late bounce from yesterday’s initial weakness and this morning’s continuous climb in oil prices serve investors with a reminder of the risk that is rooted in the ever-growing tenson in the Middle East...