Daily Oil Fundamentals

Saudi and Russia rollover bears, China rules margin

06 Sep 2023

Saudi and Russia rollover bears, China rules margin

Timing is the very essence of success, be it from a comedian or a sportsman hitting a ball. The Saudi Arabia and Russia concerted announcement was no accident in when it was announced.

Daily Oil Fundamentals

Brighter Economic Outlook, Tighter Crude Market

05 Sep 2023

Brighter Economic Outlook, Tighter Crude Market

As far as the inflation battle is concerned the US must be discussed invariably, even if there is a bank holiday on the other side of the Atlantic.

Daily Oil Fundamentals

The US may be closed, but it is still the driver

04 Sep 2023

The US may be closed, but it is still the driver

The closing prices of August 25 to September 1 reveal a somewhat disjointed market that is made more confusing by the ensuing price gaps left as the US products underwent an expiry in the front months of Heating Oil and RBOB.