Daily Oil Fundamentals

Bullish Stories Keep Coming, But Watch Out For the Dollar

20 Mar 2024

Bullish Stories Keep Coming, But Watch Out For the Dollar

The current rally in oil prices does seem coated in Velcro as it ticks higher gathering new material to its cause. Issues that are not exactly fresh, become more poignant and relevant in the face of such a decisive move.

Daily Oil Fundamentals

Everything the Bullish Heart Desires

19 Mar 2024

Everything the Bullish Heart Desires

The latest week kicked off where the previous one left off. Relentless drone strikes on Russian oil infrastructures and auspicious Chinese factory and retail sales data set the tone for the day.

Daily Oil Fundamentals

Ukraine Drones Spoil President Putin’s anointing

18 Mar 2024

Ukraine Drones Spoil President Putin’s anointing

Last week the US Department of Defence (DoD) announced additional security assistance for Ukraine. It is the Biden Administration's fifty-fifth tranche of equipment to be provided from DoD inventories for Ukraine...