Daily Oil Fundamentals

More Reasons to Trade Stocks Rather Than Oil

25 Jul 2025

More Reasons to Trade Stocks Rather Than Oil

A week in which a trade deal has been struck with the Philippines, Indonesia and most importantly Japan has excited the US stock markets so much that another all-time high was registered yesterday in the S&P and Nasdaq. The S&P is worthy of note as the wide-ranging representative index has scored thirteen highs already in 2025. Given that many commentators seem to be congregating around the nearness of a European trade deal, it is doubtful the count of highs stop at this supposed unlucky number.

Daily Oil Fundamentals

Oil Struggles to Shake Off Trade Deal Suppressant

24 Jul 2025

Oil Struggles to Shake Off Trade Deal Suppressant

Not even the higher-than-expected draws in Crude and Gasoline in the EIA Inventory Report were enough to pull oil from its defensive posture brought about by the fluid trade situation in trade talks. Crude stocks pulled by 3.1mb, almost double the expectation as exports increased. Decent enough to paint a tighter picture, but the market is nagged by a doubt in Gasoline demand.

Daily Oil Fundamentals

Japan Makes a Deal, Oil Prices Do Not Care

23 Jul 2025

Japan Makes a Deal, Oil Prices Do Not Care

The news of the morning trophy resides with how the US and Japan have finally come to terms on tariffs. Such is they way of things that a 15% tax on trade is presented as a victory by the Japanese side of the argument not only politically, but speculatively in how car maker shares have roared by over 10%. Faced with an August 1st tariff of 25%, and that car exports make up a substantial part of Japan’s exports to the US, the reprieve rally in auto shares allowing the Nikkei to increase by 4% is more than understandable.