Daily Oil Fundamentals

Another Day, Another Whim, Another Return to the Middle East

17 Jul 2025

Another Day, Another Whim, Another Return to the Middle East

Is it little wonder why the multitudes involved in financial markets, and indeed, all the civilian sectors they ultimately represent have become even more addicted to doom scrolling since one Donald J. Trump resumed power at 1600 Pennsylvania Avenue? Take your news as you see fit, right-wing, left-wing or pan-wing, his acts and words of governing bring unanimity in incredulous jaw-dropping.

Daily Oil Fundamentals

Tariffs are biting

16 Jul 2025

Tariffs are biting

The end of what appears to be a perpetual trade war for economic dominance is not in sight, but the impact of import tariffs is being felt, and the signs are inauspicious. The US government claims that the additional cost of imports is borne by the exporter, but the Bureau of Labor Statistics respectfully disagrees.

Daily Oil Fundamentals

Fifty Days of Nothing

15 Jul 2025

Fifty Days of Nothing

The substantive announcement heralded in Sunday’s press on new steps against Russia, that harried oil prices onto monthly highs, turned out in fact to have a substantive fifty-day compliance option. Those that had taken earlier evasive action had to then turn themselves around because all this smells of is another move by the US President in granting out of the money date options to generate time premium. So much for ending the Ukraine war in his first twenty-four hours in office, Mr Trump’s capital as negotiator-in-chief is all but spent when gaming against the chess master that is Vladimir Putin and so are his threats for sanctions on Russia and secondary tariffs on its oil customers.