Daily Oil Fundamentals
Sometimes Words Speak Louder than Action
21 Mar 2024Sometimes Words Speak Louder than Action
The Federal Reserve did not rock the boat. The cost of borrowing was not changed, it remains at a 23-year high of 5.25%-5.50%.
Daily Oil Fundamentals
Bullish Stories Keep Coming, But Watch Out For the Dollar
20 Mar 2024Bullish Stories Keep Coming, But Watch Out For the Dollar
The current rally in oil prices does seem coated in Velcro as it ticks higher gathering new material to its cause. Issues that are not exactly fresh, become more poignant and relevant in the face of such a decisive move.
Daily Oil Fundamentals
Everything the Bullish Heart Desires
19 Mar 2024Everything the Bullish Heart Desires
The latest week kicked off where the previous one left off. Relentless drone strikes on Russian oil infrastructures and auspicious Chinese factory and retail sales data set the tone for the day.
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