Daily Oil Fundamentals

Middle East Tension Mounts, Natgas Supports

11 Oct 2023

Middle East Tension Mounts, Natgas Supports

Although the tension between Israel and Hamas escalated yesterday investors remained admirably calm, at least compared to the understandably nervous session on Monday.

Daily Oil Fundamentals

Middle East is Thrown into Turmoil

09 Oct 2023

Middle East is Thrown into Turmoil

As laid out below, serious doubts might have emerged last week about the sustainability of the uptrend in oil, the weekend developments, however, swept aside such concerns – whether temporarily, remains to be seen.

Daily Oil Fundamentals

Time for a Saudi Rethink

06 Oct 2023

Time for a Saudi Rethink

As of close of business ICE Brent M1 flat price has lost $13.85/barrel in 7-working days.