Daily Oil Fundamentals

Easing of Supply Deficit Next Year

18 Sep 2023

Easing of Supply Deficit Next Year

After the release of the updated monthly reports from the three most important forecasters we established that the last quarter of the year will see demand exceeding supply.

Daily Oil Fundamentals

Cycle of Tightening is Nearly Complete

15 Sep 2023

Cycle of Tightening is Nearly Complete

The major factor behind the latest run up in oil prices is undeniably the Saudi determination to draw down

Daily Oil Fundamentals

Gasoline Keeps US Headline Inflation Elevated

14 Sep 2023

Gasoline Keeps US Headline Inflation Elevated

If those with bullish propensity were looking for a gentle nudge or excuse to liquidate some of their lengths built up in the last 2-3 months, the inspiration came from a very disappointing set of US stock data.