Daily Oil Fundamentals

Warnings and Expectations

22 Jan 2024

Warnings and Expectations

Nothing became clear last week; uncertainty persists and permeates the mood surrounding the global economy and markets. Events and data are being interpreted in a distinctly different manner. One day good news is good news, on the other it is bad...

Daily Oil Fundamentals

Risk is Back – for Now

19 Jan 2024

Risk is Back – for Now

The most potent ingredient in yesterday’s bullish oil cocktail was unconditionally a bearish set of weekly oil inventory data, which, however, was less gloomy than the API figures from the previous night.

Daily Oil Fundamentals

Missiles, Cold Weather, Interest Rates and Demand, Oil is Stuck

18 Jan 2024

Missiles, Cold Weather, Interest Rates and Demand, Oil is Stuck

The oil market does seem to have a general air of acceptance as to its current predicament of being boxed in. One.