Daily Oil Fundamentals
Relief Rally
28 May 2024Relief Rally
The jump in oil prices observed on Friday was followed through yesterday in what was proved to be a quiet session due to bank holidays both in the US and in the UK.
Daily Oil Fundamentals
Never a Dull Day
24 May 2024Never a Dull Day
Those who grew in confidence that the bottom might have been found yesterday afternoon after a dollar rally in crude oil prices saw their hopes ruthlessly shattered by the close.
Daily Oil Fundamentals
Brent Approaching Contango, FOMC in Focus
22 May 2024Brent Approaching Contango, FOMC in Focus
It appears that neither the death of the Iranian President nor the International Criminal Court’s application for arrest warrants against the Israeli Prime Minister and senior Hamas leaders rattled investors’ sentiment.
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