Daily Oil Fundamentals

President Trump tarrifies the world, and it should be scared

03 Feb 2025

President Trump tarrifies the world, and it should be scared

Last week oil prices saw eventual limited outcomes with the two main crude futures prices falling between 2 and 3% with products registering even more meagre declines. It really did not matter what might occur with weather, wars and what OPEC might do, it was all about President Trump ‘tarrifying’ the market, used here as not only a state of trade, but also emotion.

Daily Oil Fundamentals

Words are as Loud as Action

31 Jan 2025

Words are as Loud as Action

Recent trends prevailed, expectations were fulfilled and as a result, investors remained upbeat on the US and concerned about Europe. Even though US initial jobless claims retreated more than anticipated the country’s growth remains, if not robust, then stable and solid.

Daily Oil Fundamentals

One American President, Two North American Bankers

30 Jan 2025

One American President, Two North American Bankers

It has been predictable, but nonetheless curious, that the incoming US President would at some stage cross swords with the Chair of the Federal Reserve. The FOMC decision to hold rates pat saw fruition in such expectation. In a rant on ‘Truth Social’ condemning the FED to be interested in gender, green energy and climate fakery rather than bringing inflation to heel while failing in banking regulation, the scapegoat for any ills that befall President Trump’s policies is being fatted for future verbal slaughter.