Daily Oil Fundamentals

Pragmatism Prevails, Pause Ignored

11 Apr 2025

Pragmatism Prevails, Pause Ignored

The euphoria, which was on display in the latter half of Wednesday, speedily evaporated yesterday. There is possibly a very simple explanation for the return to the gloom and pessimism that characterized investors’ thinking ever since the trade war started to escalate after the infamous press conference in the White House Rose Garden on April 2.

Daily Oil Fundamentals

Markets are Always Right

10 Apr 2025

Markets are Always Right

Without any schadenfreude, a spade needs to be called a spade. Markets spoke, bonds the loudest, and it led to a capitulation in its purest possible form, a partial one, anyway, regardless of how it has been spun and sold. And yet, in this tacit admission of miscalculation, the message was characteristically vague and confusing.

Daily Oil Fundamentals

Clash of Egos

09 Apr 2025

Clash of Egos

It has been a week now since Liberation Day. The ensuing Liquidation Days have wrought havoc throughout the world. Financial markets are devastated.