Daily Oil Fundamentals

Pick the 'Oil Balance' Out of that!

11 Aug 2025

Pick the 'Oil Balance' Out of that!

The concept of oil trading has changed so much in recent history, none more so in this day and age of continued political interference. Gone are the times when analysts lined up to offer crafted assessment of production and demand to come up with a hallowed concept of an ‘oil balance’ to be trusted. Such studies presumed veracity in data, in open borders and at least a modicum of global peace.

Daily Oil Fundamentals

Trump-Putin Meeting is in Focus

08 Aug 2025

Trump-Putin Meeting is in Focus

Investors do not appear to be overly concerned about the US tariffs that came into effect after midnight. Although the global trade war is now truly, and possibly irrevocably, underway, the Nasdaq Composite Index settled at yet another all-time high, while the S&P 500 Index closed broadly unchanged.

Daily Oil Fundamentals

Secondary Tariffs Dominate Oil Prices

07 Aug 2025

Secondary Tariffs Dominate Oil Prices

Whatever good standing Donald Trump had in the eyes of India’s Prime Minister, Narendra Modi, it has disappeared in a puff of tariff smoke. India was already smarting from the imposition of a twenty-five percent tariff last week, but with the threat of the levy doubling in three-weeks’ time if Delhi did not refrain from its oil trade with Russia, the outrage is almost seismic.