The Houthi drone attack on shipping in the Red Sea and the upward influence on oil prices reveals that there is always a bias bull-twitch within the oil trading community...
What comes down has to go up at some point and oil finally managed to eke out gains after seven consecutive weekly losses in what turned out to be a rather spectacular change of heart mid-week...
We are greeted with a rather sedate entry into the trading day this morning and there is little wonder why. If oil prices can hold onto the current gains...
Copyright © 2025 TP ICAP