Daily Oil Fundamentals

Saudi OSP Reduction Adds to Negative Bias

08 Jan 2024

Saudi OSP Reduction Adds to Negative Bias

Markets step into the week with a quiet but uneasy feeling after what seemed a free-wheeling ride in the first few days of 2024.

Daily Oil Fundamentals

Focus is Firmly on the Israel-Gaza Conflict

05 Jan 2024

Focus is Firmly on the Israel-Gaza Conflict

The impressive late bounce from yesterday’s initial weakness and this morning’s continuous climb in oil prices serve investors with a reminder of the risk that is rooted in the ever-growing tenson in the Middle East...

Daily Oil Fundamentals

Oil Regains Conflict Fear Premium

04 Jan 2024

Oil Regains Conflict Fear Premium

Outside pressures have been the bane of oil price trading in contemporary times, and having fallen foul of moves in the big brother markets recently, oil regained composure with some micro-drivers of its own...