Insights

Daily Oil Fundamentals

Sanctions are Different for Friends and Foes

18 Dec 2025

Sanctions are Different for Friends and Foes

Sometimes it is finger-drummingly infuriating to keep up with the double standards and contradictory decisions or intentions of this present form of American government. This morning, Reuters reports on how the US has allowed a waiver on oil sales out of the Sakhalin-II project.

Daily Oil Fundamentals

Sanction Bingo

17 Dec 2025

Sanction Bingo

There is quite a head-turning draw in Crude stocks in the private American Petroleum Institute’s inventory report. The decline of 9.3mb is something the oil market will need confirming from the EIA data later, particularly as a Reuters poll indicated an expectation of a draw of only 1.1mb.

Daily Oil Fundamentals

More Like a Little Bit of a Santa Sulk

16 Dec 2025

More Like a Little Bit of a Santa Sulk

There is not much seasonal cheer going around in markets at present and the ‘Santa rally’ which was all set to be fuelled by a bullish take on the recent Fed rate cut, seems very much stuck in the chimney.