Daily Oil Fundamentals

FOMC worries the market

17 Aug 2023

FOMC worries the market

A reported divided view in the minutes from July’s FOMC meeting continues to haunt markets and the risk-off attitude sees a follow on into today’s session.

Daily Oil Fundamentals

Diverging Paths

16 Aug 2023

Diverging Paths

It is US versus China. It is inflation against deflation. It is buoyant retail sales here, sluggish reading there. The US is expected to weather the period of inflation, possibly without falling into recession, China is struggling to revive its economic fortunes.

Daily Oil Fundamentals

China in focus, again

15 Aug 2023

China in focus, again

Technical analysts will be happy with a performance from oil yesterday that involved a bounce from a key technical indicator in the 13-day moving average.