Daily Oil Fundamentals

London Talks Block Out the Horizon

10 Jun 2025

London Talks Block Out the Horizon

One must admire the optimism of investors. The Sino/US trade talks enter a second day and instead of being seen as them being a touch sticky, markets across the gamut of investment are starting to price a successful outcome. Yes, hope is whipped by the US Administration with the likes of the Commerce Secretary, Howard Lutnick, observing initial discussions had been “fruitful” which was endorsed by his President back in Washington claiming, “we are doing well with China.”

Daily Oil Fundamentals

Chekhov’s Rifle

09 Jun 2025

Chekhov’s Rifle

Oil recorded impressive gains last week, but bond prices weakened. Equities were stable, notwithstanding the sensational but anticipated fallout between the world’s most powerful man and the richest one. The charade could be easily dismissed as a clash of egos, nonetheless it lays bare the consequences of a plutocratic administration headed by those from the private sector. It also confirms the suspicion that this is a government of the people, by the people and for the people no longer, also embodied in deploying the National Guard in LA protests over the weekend.

Daily Oil Fundamentals

High Drama in High Places

06 Jun 2025

High Drama in High Places

The extraordinary recent scene of Volodymyr Zelensky receiving a public dressing down from President Trump and his Vice J.D. Vance might have been imagined by some as the nadir of this current Administration’s delve into pantomime and Shakesperean tragedy. None of it, the online spat that has ensued following the all-too-predictable failure in the brief love-in between the most powerful man and the richest man in the world seems inspired by Macbeth and King Lear and takes the high office to even new lows.