Daily Oil Fundamentals

Quasi Deja vu

20 Dec 2023

Quasi Deja vu

It was not terribly long ago, therefore it is almost a conditional reflex to cast minds back to the first half of 2022, where we find it pertinent and fitting to draw a parallel between the market reaction of Russia’s incursion of Ukraine and the recent flare up of tension in the Middle East...

Daily Oil Fundamentals

Drones, Ships and Early Bulls

19 Dec 2023

Drones, Ships and Early Bulls

The Houthi drone attack on shipping in the Red Sea and the upward influence on oil prices reveals that there is always a bias bull-twitch within the oil trading community...

Daily Oil Fundamentals

Eighth Time Lucky

18 Dec 2023

Eighth Time Lucky

What comes down has to go up at some point and oil finally managed to eke out gains after seven consecutive weekly losses in what turned out to be a rather spectacular change of heart mid-week...