Daily Oil Fundamentals

Triple Digits is Once Again a Reality

08 Sep 2026

Triple Digits is Once Again a Reality

Oil prices are once again coming to the simmer, heated by another turn to violence across the Middle East. After the ‘Financial Times’ yesterday reported an attack on the Aramco facility in Jazan, this morning, fresh reports are seen across the wires of further Houthi attacks into Saudi Arabia in the cities of Abha, Khamis Mushait, Jazan and Najran, killing many civilians and, according to ‘Reuters’, oil infrastructure has been disrupted.

Daily Oil Fundamentals

Busy Week in the White House

07 Sep 2026

Busy Week in the White House

Economic and financial fortune-tellers will base their predictions on the rather hectic week behind us as they assess what the future might hold. They will conclude that the deviation from the norm will persist. They might even go as far as to establish that this deviation is, in fact, the new norm.

Daily Oil Fundamentals

Consolidation, Although Anxiety Persists

04 Sep 2026

Consolidation, Although Anxiety Persists

Tension still surrounds the Middle East; the threats of further supply disruption are very much elevated, but oil prices came off the day’s peaks as conflicting reports on the volume of oil passing through the Strait sowed the seeds of confusion. Shipping data, as reported by Reuters, showed six vessels transiting the waterway on Wednesday and four yesterday, contrasting with the US vice president’s estimate of 15 million barrels leaving the region two days ago. Meanwhile, Iraqi crude oil exports in August are set to rise by 1 mbpd.

Insights

Daily Oil Fundamentals