Daily Oil Fundamentals

Market braces for news shocks and higher prices

12 Sep 2023

Market braces for news shocks and higher prices

Oil steps into the morning firm but with an air of uncertainty as it faces a few days and news cycles that will have a great influence on its current destiny.

Daily Oil Fundamentals

Plunge in Inventories Guaranteed

11 Sep 2023

Plunge in Inventories Guaranteed

The major price driver in our market last week was the decision by the two OPEC+ heavyweights and now seemingly inseparable allies, Saudi Arabia, and Russia, to extend production/exports constraints totalling 1.3 mbpd until the end of the year.

Daily Oil Fundamentals

So many moving parts, so many questions

08 Sep 2023

So many moving parts, so many questions

The US Inventory Report came and went yesterday and probably left as many questions as answers as far as price performance is concerned.