Has US oil bottomed?

At the latest OPEC+ meeting, Saudi Energy Minister said OPEC+ will do “whatever is necessary” to support the oil market. Since the start of the year, many analysts were optimistic…

US oil: Is the bottom finally in?

To start the year, analysts were optimistic about oil prices. China’s recovery from Covid was expected to boost demand, supply was expected to tighten in the second half of the…

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June central bank overview

It’s time for your central bank catch up. The link to the latest statement is at the bottom of each section, so just click there to read the bank’s central…

Does oil have a supply or demand problem?

Recently there has been an excellent piece on Bloomberg explaining why oil prices have been struggling due to supply rather than demand issues. The logic in the article by Javier…

Bank turmoil spooks energy markets

Recent trading range breaks bearish Weakness in oil markets continues with the price of crude plunging through its recent trading range to its lowest level since November of 2021. Brent…