Daily Oil Fundamentals

Nvidia, the Author of Global Wealth

19 Feb 2026

Nvidia, the Author of Global Wealth

Given the suspense afforded to markets on whether the US will go ahead and strike at Iran, and the collective fear of oil prices chasing on beyond $100/barrel as a consequence, ought to stifle any stock market exuberance. Additionally, the split for the outlook in policy outlined in the FOMC minutes from January leaves an uncertain road to any sort of US Central Bank easing should also make for uncomfortable reading for bourse bulls.

Daily Oil Fundamentals

Geneva, The Centre of Diplomacy

18 Feb 2026

Geneva, The Centre of Diplomacy

It is greatly disturbing that warmongers find it tempting, and even necessary, to flex their muscles while negotiations over conflicts in which they are involved are ongoing. Russia regularly intensifies its attacks on Ukrainian targets, including civilians, whenever seemingly moribund peace talks get underway. Yesterday, as representatives of Iran and the US attempted to reconcile their differences in Geneva with Oman acting as mediator, the Persian Gulf OPEC nation deemed it timely to partially shut the crucial shipping artery, the Strait of Hormuz, for a few hours due to “security precautions.”

Daily Oil Fundamentals

Eliminating the Impossible and Improbable Does Not Leave the Truth Sherlock

17 Feb 2026

Eliminating the Impossible and Improbable Does Not Leave the Truth Sherlock

Yesterday, we delved into a longer-term view where we argued that the contango being shown in the further reaches of the Brent futures curve outlines a hereafter of increased demand, with the various aspects of why that might be the case. Our internal discussions gave realisation on how it seems that predicting forward oil prices is more likely to yield success than ploughing through the global landscape getting stuck in boggy geopolitical situations, or ones that are akin to massive rocks and able to blunt any blade of logical deduction.