Daily Oil Fundamentals

The Rally Keeps its Head

08 Apr 2024

The Rally Keeps its Head

Last week was certainly one for the bulls, and with an eye on any sort of escalation from geopolitical clashes over the weekend, Friday added to the already hot temperatures of oil prices allowing both M1 WTI and Brent to achieve 6-month high levels.

Daily Oil Fundamentals

Expecting the Unexpected

05 Apr 2024

Expecting the Unexpected

The latest run higher in oil prices is predominantly the function of unplanned supply and export disruptions and there is a cornucopia of events that falls into this category.

Daily Oil Fundamentals

Saying Nothing is Sometimes the Best Policy

04 Apr 2024

Saying Nothing is Sometimes the Best Policy

Oil prices retain a positive bias and it would have been a woeful performance from those that gathered at the OPEC JMMC if any intimation of increased supply from members had been uttered.