Daily Oil Fundamentals

It’s a Seller’s Market for Now

05 Oct 2023

It’s a Seller’s Market for Now

In the current high interest rate and entrenched inflation environment the opposite of the “good news is bad news” adage also rings true.

Daily Oil Fundamentals

Oil Inventories ‘Yield’ the News to Macro and Politics

04 Oct 2023

Oil Inventories ‘Yield’ the News to Macro and Politics

As with most Wednesday mornings, oil watchers flick quickly to the data provided overnight by the American Petroleum Institute as a precursor to what may be revealed later by government data.

Daily Oil Fundamentals

Opposing Forces

03 Oct 2023

Opposing Forces

The performance of different asset classes in the third quarter of the year tells the whole story. Oil prices shot considerably higher.