Daily Oil Fundamentals

Suppliers Pyrrhic Victory over Consumers

07 Sep 2023

Suppliers Pyrrhic Victory over Consumers

Anyone questioning the price driver behind the current oil price rally just has to have a glance at yesterday’s settlement prices to realize that it is supply.

Daily Oil Fundamentals

Saudi and Russia rollover bears, China rules margin

06 Sep 2023

Saudi and Russia rollover bears, China rules margin

Timing is the very essence of success, be it from a comedian or a sportsman hitting a ball. The Saudi Arabia and Russia concerted announcement was no accident in when it was announced.

Daily Oil Fundamentals

Brighter Economic Outlook, Tighter Crude Market

05 Sep 2023

Brighter Economic Outlook, Tighter Crude Market

As far as the inflation battle is concerned the US must be discussed invariably, even if there is a bank holiday on the other side of the Atlantic.