Daily Oil Fundamentals
The Feel-Good Factor Spreads
11 Jul 2024The Feel-Good Factor Spreads
It remains difficult to not approach each morning by first looking at the state of equities. When the Nikkei, S&P and Nasdaq continue to make record highs on a daily basis, it is always worthy to see if the infectious bullish behaviour in stock markets is about to jump species and influence commodities such as oil. Looking for demand and that which drives it is always responsible, however, demand can accumulate from sentiment and bourses are dripping with positive vibes.
