Daily Oil Fundamentals

No getting away from the Macro

18 Aug 2023

No getting away from the Macro

After a tumultuous macro-economic week, WTI and Brent prices experience 4 lower lows and the 7-consecutive week rally has well and truly stalled.

Daily Oil Fundamentals

FOMC worries the market

17 Aug 2023

FOMC worries the market

A reported divided view in the minutes from July’s FOMC meeting continues to haunt markets and the risk-off attitude sees a follow on into today’s session.

Daily Oil Fundamentals

Diverging Paths

16 Aug 2023

Diverging Paths

It is US versus China. It is inflation against deflation. It is buoyant retail sales here, sluggish reading there. The US is expected to weather the period of inflation, possibly without falling into recession, China is struggling to revive its economic fortunes.