Daily Oil Fundamentals

OPEC, Iran, World Economics, Eventually Lead to Washington

07 Jul 2025

OPEC, Iran, World Economics, Eventually Lead to Washington

Just when we thought OPEC+ return of oil cuts had become predictable, indeed, the market felt as if it was pricing in a repeated 411kbpd in August, the affiliated group upped the ante on Saturday, informing that their collective production would in fact increase by 548kbpd. The countries that involved themselves in the voluntary cuts of April and November 2023, namely Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria and Oman will now gradually reverse these self-imposed restrictions

Daily Oil Fundamentals

Resilient US Labour Market, Plausible OPEC+ Production Increase

04 Jul 2025

Resilient US Labour Market, Plausible OPEC+ Production Increase

It is difficult and even dangerous to draw conclusions from the performances of assorted risk assets on the day preceding a long US weekend. Yet, those involved in equities went home happy and will probably have a relaxing barbecue celebrating Independence Day.

Daily Oil Fundamentals

A Good Day For Bulls

03 Jul 2025

A Good Day For Bulls

The future can only bring results on how tariff deals will affect global trade but with Vietnam being added to trade deals secured before the deadline next week, a fresh bout of risk-on pervades markets and prices react accordingly. President Trump’s tax and spending bill has also proved inspirational to investors who choose to pick out the savings from tax and civil payouts rather than the new accrued debt and put bourses into all-time high territory.