Daily Oil Fundamentals

Israel Returns to Lead Bullish Drivers

09 Apr 2024

Israel Returns to Lead Bullish Drivers

It seems that world’s slight sigh of relief yesterday will once again turn into a deep intake of breath as in defiance of global opinion, and not to say the small matter of relations with the US, Israel’s Premier, Benjamin Netanyahu spoke on an ‘unspecified date’ on which Israel forces will invade Rafah, Gaza.

Daily Oil Fundamentals

The Rally Keeps its Head

08 Apr 2024

The Rally Keeps its Head

Last week was certainly one for the bulls, and with an eye on any sort of escalation from geopolitical clashes over the weekend, Friday added to the already hot temperatures of oil prices allowing both M1 WTI and Brent to achieve 6-month high levels.

Daily Oil Fundamentals

Expecting the Unexpected

05 Apr 2024

Expecting the Unexpected

The latest run higher in oil prices is predominantly the function of unplanned supply and export disruptions and there is a cornucopia of events that falls into this category.