Daily Oil Fundamentals
No Harm Done
01 Mar 2024No Harm Done
Although this note predominantly intends to round up events and developments surrounding the oil market, in today’s interconnected environment sometimes macroeconomic headlines take over.
Although this note predominantly intends to round up events and developments surrounding the oil market, in today’s interconnected environment sometimes macroeconomic headlines take over.
The standout number again from the EIA inventory report yesterday was the state of crude stocks.
Anyone pondering how effortlessly Russia finances its war against Ukraine via the sales of its petroleum products should look no further than yesterday’s announcement by the country’s deputy prime minister.