Daily Oil Fundamentals

OPEC Wants Your Business

01 Oct 2025

OPEC Wants Your Business

The OPEC secretariat have been quick to quash a media report on the cartel considering another whopping increase in supply of half a million barrels of oil as of November. While conspiracy can stalk so much of market thinking, one does wonder if this is just repetition on how ‘sources’ leak to the media of an impending output hike to measure reaction, the latter denial being ancillary and only useful if there is an overtly negative reaction.

Daily Oil Fundamentals

Well-Founded or Knee-Jerk Reaction?

30 Sep 2025

Well-Founded or Knee-Jerk Reaction?

Equities rallied yesterday as investors seemed relaxed about the possible US government shutdown, even though critical labour data will not be published in the absence of a last-minute deal to keep the government funded. During a busy afternoon for the US President, before Republicans and Democrats failed once again to come to an agreement, Donald Trump met with Israeli Prime Minister Benjamin Netanyahu.

Daily Oil Fundamentals

Oh, Those Russians

29 Sep 2025

Oh, Those Russians

If any had forgotten the important part Russia plays in the puzzle that makes up the complicated supply lines in the oil market, it was surely brought back in focus last week. The issues surrounding how Russia is being impeded in bringing its oil products to water were singularly responsible in arresting the recent downward grind trajectory and saved prices from looking at the year-to-date lows.