Daily Oil Fundamentals

Macro News Triggers Long Liquidation

22 Aug 2023

Macro News Triggers Long Liquidation

US market players seemingly attach far greater importance to assorted, and particularly Chinese economic data than their European peers if yesterday’s price action is indicative of investor’s thinking.

Daily Oil Fundamentals

Too many influences but Heating Oil the bulls’ boon

21 Aug 2023

Too many influences but Heating Oil the bulls’ boon

The tepid week-on-week change in the likes of WTI and Brent belies some of the moves experienced under the influences of very strong opposing market drivers.

Daily Oil Fundamentals

No getting away from the Macro

18 Aug 2023

No getting away from the Macro

After a tumultuous macro-economic week, WTI and Brent prices experience 4 lower lows and the 7-consecutive week rally has well and truly stalled.