Even though each week threatens to reveal a final solving of the never-ending and multi aspects of a Russian solution in oil market thinking, there is always a Narnia cupboard door allowing an escape into fantasy to gather more unforeseen and unexpected twists.
The following bullet points summarise the latest developments in financial markets and oil, and draw tentative conclusions about their impacts on oil prices.
Oil prices have suffered at that changing of minds among those producing reports on the state of supply versus demand. We will undertake a more detailed look in tomorrow’s report but yesterday started with a walk back by the International Energy Agency on the future role of oil in the energy puzzle.
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