Daily Oil Fundamentals

War is Back on the Menu

10 Sep 2025

War is Back on the Menu

In a testament to the professionalism of our market, and the growing global immunity to the ongoings of war that two invasions of sovereign territory are greeted with only a mild reaction in prices. This of course refers to the downing of Russian military hardware by Polish and NATO forces as weaponry transiting to Ukraine from Russia is shot down. The other more outrageous but also shrugged off airspace abuse is the targeting of Hamas leaders by Israel in the Qatar capital of Doha.

Daily Oil Fundamentals

Politics, Interest Rates and Occlusion

09 Sep 2025

Politics, Interest Rates and Occlusion

The fizz experienced at the opening part of yesterday in oil prices sadly, and in line with recent performances, fizzled out. While the increased OPEC barrels for the future were ignored, being deemed lowly in importance compared with aggressive language surrounding Russia from Donald Trump, once again a lack of substance to the chat and no further utterances brought the prospect of oversupply back in mind.

Daily Oil Fundamentals

OPEC's Hike is Diluted by More Pressing Issues

08 Sep 2025

OPEC's Hike is Diluted by More Pressing Issues

The decision by OPEC+ to lift production by 137kbpd as of October in the end came as no surprise, but because the increase is lighter than some had expected this morning’s response in an uptick in prices is how the extra flow of oil will not really affect proceedings for a while. Given the predicted paucity of Distillate production going into the colder months and a refinery turnaround season, the market deems such strength in the likes of Heating Oil, Diesel and their like a little more current than a probable burgeoning feedstock scenario next year.