Daily Oil Fundamentals

Middle East Speculation and Never-Ending Data Rolls On

03 Nov 2023

Middle East Speculation and Never-Ending Data Rolls On

After playing out the week buffeted by the enormous deluge of data that all markets have endured, oil prices find themselves in the throes of the recent phenomenon of finding bids into the weekend for fear of a more price sensitive occurrence emanating from Gaza/Israel.

Daily Oil Fundamentals

Strong US Economy = Cheapening Oil

02 Nov 2023

Strong US Economy = Cheapening Oil

As so many times in the recent past US oil investors took a distinctively different view from Europe yesterday.

Daily Oil Fundamentals

Middle East Premium Subsides, Macro is Front and Centre

01 Nov 2023

Middle East Premium Subsides, Macro is Front and Centre

It would appear as emotive as the current situation in Gaza/Israel is, cooler heads are prevailing and the idea of conflict spread is slowly turning into, and stealing from the alternative energy lobby, conflict capture.