seb-ravaror-800x471.png

In Saudi Arabia we trust

Price action – Gasoline prices dives 4% as smoke clears after Henry. No visible market concerns yet for hurricane Irma which is on the way Brent crude oil lost 0.8% ydy with a…

seb-ravaror-800x471.png

Shale oil denial once again?

Price action – Dollar headwinds driving speculators to take money off the table Equities across the board rebounded 0.7% ydy following the recent North Korea driven sell-off.…

seb-ravaror-800x471.png

Will OPEC drop the ball in 2018?

OECD inventories rose 18.6 mb in April marginally up y/y. OPEC has not been able to draw OECD inventories down yet which is a disappointment to the market. Weekly data have shown…