Daily Oil Fundamentals

The Tariff Cat is Let Loose Among Trading Pigeons

28 Feb 2025

The Tariff Cat is Let Loose Among Trading Pigeons

Markets are feeling a corrective shock to a complacent idea that all the bluster emanating from the White House have been transactional feints. Yesterday’s reduction in tolerance on allowing negotiations appears to have been triggered by the current administration’s border analysis showing little change in the illegal flows of fentanyl entering the United States.

Daily Oil Fundamentals

Stock Market Keeps Postponing Tariffs

27 Feb 2025

Stock Market Keeps Postponing Tariffs

Vladimir Putin’s hero and his namesake, Vladimir Lenin, once said that there are decades where nothing happens; and there are weeks when decades happen. This is, indeed, the zeitgeist of 2025, when investors, politicians, partners, and foes are all desperate to decipher how the US administration’s moves and announcements might affect economies and relationships.

Daily Oil Fundamentals

Losing faith

26 Feb 2025

Losing faith

Investor sentiment can turn on a dime; all that is needed is one social media post by the US president. For now, however, economic and oil prospects are increasingly cloudy. US allies and foes are uncertain in their response to the disruptive agenda of the administration, but US consumers are not so hesitant.