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…
When trading the Yen it is important to be aware of the relationship between the Yen, US10 year yields and oil. The Yen and US 10 year yields The yield…
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…
This week saw Russia step up their moves into Ukraine with heavier attacks on key cities. The West responded with even tougher sanctions. Oil kept finding buyers on dips as…
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…
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…