Daily Oil Fundamentals

Mixed Messages and Drivers Will Give Over to Rumination

25 Sep 2025

Mixed Messages and Drivers Will Give Over to Rumination

The macro world will once again turn US-centric for the next couple of days as a very important docket drags eyes back to how the Federal Reserve might react in its interest rate decisions. With Jerome Powell’s robotic stressing of the importance of inflation and employment earlier this week, today’s quarterly PCE readings, Jobless Claims and tomorrow’s PCE monthly data will keep the greater markets in thrall.

Daily Oil Fundamentals

Another Nudge from Eastern Europe

24 Sep 2025

Another Nudge from Eastern Europe

Geopolitics tends to have a more profound impact on oil prices in a falling market, simply because the temptation to react to potentially bullish developments and to take action is greater at the bottom than at the top. After four consecutive days of retreat, it is therefore understandable that Russia’s weekend air incursion into Estonia, following its earlier violation of Polish airspace last week, together with the ongoing and rather successful Ukrainian assaults on Russian oil installations, captured investors’ attention yesterday.

Daily Oil Fundamentals

A Time for Discipline

23 Sep 2025

A Time for Discipline

The mixed messages surrounding when, if and how top-up tariff/sanctions might be placed upon Russia are starting to try the patience of any peace optimist or oil bull. While President Trump keeps his attitude of ‘after you ladies and gentlemen of Europe, please,’ on who might go first in applying any additional punitive action, further instances of oversupply emerge to keep oil prices pressured.