Daily Oil Fundamentals

Business Activity in Focus

24 Apr 2024

Business Activity in Focus

Neither Iran nor Israel have rocked the oil vessel yesterday and the US and Europe, whilst keen on imposing fresh sanctions or expanding existing ones on Iran, were circumspect in not harming the Persian Gulf OPEC producer’s capability of exporting crude oil.

Daily Oil Fundamentals

Oil’s Gaze on Gaza Might be Diverted

23 Apr 2024

Oil’s Gaze on Gaza Might be Diverted

An eventual firmer session in all markets migrates into another day and although there are no particular catalysts, the flush out of length in oil after a bout of cooling in Middle East hostilities seems to be over.

Daily Oil Fundamentals

A Symbolic Response?

19 Apr 2024

A Symbolic Response?

Oil The sounds of explosions in Iran will be greeted by the myriad of doomsayers across all manner of media today with the emboldened, frightening language of a full-blown Middle East War.