Daily Oil Fundamentals

Rug Pulled

18 Apr 2024

Rug Pulled

Those with bullish propensity are sinking into apathy as the risk premium that is rooted from Russia and the Near East keeps eroding.

Daily Oil Fundamentals

Positioning and Premiums Wane

17 Apr 2024

Positioning and Premiums Wane

Oil prices go about their business of unwinding some of the war premium that has been priced-in due to the continuing tensions surrounding the Gaza conflict and the subsequent Iranian missile onslaught on Israel.

Daily Oil Fundamentals

Ignoring Geopolitics

16 Apr 2024

Ignoring Geopolitics

For the first time in history, attacks against Israel were launched from within Iran after the bombing of the Iranian consulate in Damascus at the beginning of the month. Israeli retaliation of this retaliation seems inevitable, the severity and the timing of it is unclear.