Daily Oil Fundamentals
Time for a Saudi Rethink
06 Oct 2023Time for a Saudi Rethink
As of close of business ICE Brent M1 flat price has lost $13.85/barrel in 7-working days.
Daily Oil Fundamentals
It’s a Seller’s Market for Now
05 Oct 2023It’s a Seller’s Market for Now
In the current high interest rate and entrenched inflation environment the opposite of the “good news is bad news” adage also rings true.
Daily Oil Fundamentals
Oil Inventories ‘Yield’ the News to Macro and Politics
04 Oct 2023Oil Inventories ‘Yield’ the News to Macro and Politics
As with most Wednesday mornings, oil watchers flick quickly to the data provided overnight by the American Petroleum Institute as a precursor to what may be revealed later by government data.
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