Daily Oil Fundamentals

First Words, then Action

21 Nov 2023

First Words, then Action

Oil prices are not so much influenced by developments as by the interpretation of events. And the market voted with its dollar last week.

Daily Oil Fundamentals

Continuously Re-assessing the Oil Balance

20 Nov 2023

Continuously Re-assessing the Oil Balance

Oil prices are not so much influenced by developments as by the interpretation of events. And the market voted with its dollar last week.

Daily Oil Fundamentals

The Bears Have It

17 Nov 2023

The Bears Have It

The anticipated 2-weeks’ worth of EIA inventory data turned out not to be a pebble cast into a pond creating ripples, but an ocean landing meteor causing continued selling tsunamis, the waves of which keep washing up...