Biden boosts oil prices

On Thursday last week, President Biden announced a plan to buy 60mln barrels of crude oil as the first step in a years-long process aimed at replenishing America’s shrinking emergency…

Oil prices now set to slide?

The surge in oil prices has been driven by the Russian/Ukraine crisis. From a growth perspective, one of the cures for higher prices is said to be ‘higher prices’. The…

Time for more US oil gains?

Short term fundamentals have been driving oil prices higher. There has been a sequence of low inventory reports since the start of the year, oil demand is expected to increase…

Oil is giving mixed signals

Usually, the drop in inflation expectations would be enough to see oil to start losing value. The 5 and 10-year break even inflation charts have been showing declines due to…

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