Is oil flashing a warning sign?

Yes, and here are the reasons. Oil markets are sensing tensions around slowing global growth, an easing of the oil supply crunch, and an uncertain trajectory for China as it…

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…

Oil surges on Russian risk

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…

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…

Brent Crude seasonals point to more upside

 At the moment, the fundamentals have been good for Brent Crude near term. OPEC+ has been struggling to increase supply levels, there has been a series of low inventory…