Daily Oil Fundamentals

Dancing to the Tune of the Dollar

22 Mar 2024

Dancing to the Tune of the Dollar

The latest fashionable soundbite in financial circles is ‘immaculate disinflation’. Loosely defined, it means mitigated consumer prices without rising unemployment, which broadly equals impending rate cuts.

Daily Oil Fundamentals

Sometimes Words Speak Louder than Action

21 Mar 2024

Sometimes 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 2024

Bullish 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.