2204, 2021
Oil bulls are back on the defensive
The market peaked on Tuesday morning, barely 48 hours ago, yet it feels like lightyears away. Oil prices have been falling [...]
2104, 2021
Covid indigestion
Demand jitters were thrust back into the spotlight yesterday amid a sharp rise in global coronavirus cases. Nowhere is this more [...]
2004, 2021
Same old story
After last Wednesday’s rally that was triggered by bright demand outlook in the second half of the year a dose of [...]
1904, 2021
Recovery hopes revived
A bullish menu was served last week, the main ingredients of which were constructive financial and oil data seasoned with a [...]
1604, 2021
What a difference a year makes
Cast your mind to this time last year. The world was as we know it was on the verge of collapsing. [...]
1504, 2021
Inventories down, prices up
As outlined below the improving supply-demand outlook for the latter half of the year set the tone for yesterday. Both OPEC [...]