Daily Oil Fundamentals

Today is All About the US PCE

29 Feb 2024

Today is All About the US PCE

The standout number again from the EIA inventory report yesterday was the state of crude stocks.

Daily Oil Fundamentals

Ebbing and Flowing

28 Feb 2024

Ebbing and Flowing

Anyone pondering how effortlessly Russia finances its war against Ukraine via the sales of its petroleum products should look no further than yesterday’s announcement by the country’s deputy prime minister.

Daily Oil Fundamentals

Look Up ‘Rangebound’ in the Dictionary, it Says ‘Oil Market’

27 Feb 2024

Look Up ‘Rangebound’ in the Dictionary, it Says ‘Oil Market’

There can be little wonder that oil prices have ground themselves into the doldrums for even the most pressing of geopolitical drivers is showing duplicity.