Daily Oil Fundamentals

Betting on a Pause

24 Aug 2023

Betting on a Pause

The global economy from China to Japan, the EU and the US is in trouble and investors like it. A string of reports on contracting manufacturing and service sectors was greeted with a convincing stock market rally.

Daily Oil Fundamentals

Oil set to dance to the macro tune

23 Aug 2023

Oil set to dance to the macro tune

There is little doubt that the drivers those of an oil bent are looking for today will be the state of US inventories.

Daily Oil Fundamentals

Macro News Triggers Long Liquidation

22 Aug 2023

Macro News Triggers Long Liquidation

US market players seemingly attach far greater importance to assorted, and particularly Chinese economic data than their European peers if yesterday’s price action is indicative of investor’s thinking.