Daily Oil Fundamentals

Oil on a Steadier Footing, But All is not Yet Clear

04 Mar 2024

Oil on a Steadier Footing, But All is not Yet Clear

There had to be something of reckoning at some stage, either the crude contracts would have to give up some of their backwardations, or flat price would have to pull its socks up and join in.

Daily Oil Fundamentals

No Harm Done

01 Mar 2024

No Harm Done

Although this note predominantly intends to round up events and developments surrounding the oil market, in today’s interconnected environment sometimes macroeconomic headlines take over.

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.