Daily Oil Fundamentals

It All Adds Up to Confusion as Sellers Remain Reluctant

30 Jan 2024

It All Adds Up to Confusion as Sellers Remain Reluctant

If there is any consistency in the oil market, it is that every day our fraternity wakes up to yet another headline-competing and oppositional influence/s that just adds to the ball of confusion.

Daily Oil Fundamentals

Pieces of the Jigsaw Puzzle

29 Jan 2024

Pieces of the Jigsaw Puzzle

The oil market is similar to a jigsaw puzzle. The picture will not become complete until all the pieces fall into place. Last week a tsunami of development lifted the cloud of uncertainty and tangibly ameliorated investors’ sentiment.

Daily Oil Fundamentals

Nudge from the US, Significant Push from China

26 Jan 2024

Nudge from the US, Significant Push from China

Finally, the stars were aligned, and the market took full advantage of it. Although the news out of Frankfurt did not ruffle feathers, it did not send shockwaves across the markets either.