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...
Price action – Oil prices contaiged by broad based risk-off in financial markets The sell-off in oil prices yesterday was basically risk-off in markets in general...
Crude oil price action – Prices declined last week despite positive tailwinds from equities and dollar Brent crude declined 1.7% last week despite the facto f...
Crude oil price action – A marginal rebound this morning before selling down further Brent crude traded down 2.5% w/w to Friday with a close of...
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...
In hindsight the market was obviously not satisfied with OPEC just rolling their cuts over for another 9 months. The market’ judgement was clearly that that...
