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Oil Context Weekly (W33)
Crude prices sank lower amidst bearish forecasts as market awaits outcome of Trump-Putin deal, though downside pressure driven by heavy speculative…
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Rory Johnston
Oil Context Weekly (W32)
Crude prices pulled back to their weakest level in months as US policy disposition—both tariffs and sanctions—shifts from supply-side tailwind to…
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Rory Johnston
Oil Context Weekly (W31)
Crude prices rose on sanctions risks before collapsing again on tariffs risk and weak economic data, while backwardation strengthened more durably and…
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Rory Johnston
Oil Context Weekly (W30)
Crude prices grinded lower amidst a second consecutive week of term structure weakening, yet more trade policy headline ping pong, and a move by the…
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Rory Johnston
1
Oil Context Weekly (W29)
Crude prices and term structure weakened despite a spate of drone attacks on Iraqi Kurdish oilfields and the latest round of EU sanctions against…
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Rory Johnston
Oil Context Weekly (W28)
Crude prices rose amidst renewed geopolitical tumult, now with a focus on potential Russian sanctions, and ever-stronger spot market pressures alongside…
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Rory Johnston
Oil Context Weekly (W27)
Crude prices edged higher on firmer term structure and US trade deal optimism while middle distillates, like diesel, continue to be the epicenter of…
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Rory Johnston
Oil Context Weekly (W26)
Crude prices plummeted and the belly of the curve once again sank into contango as the Iran risk bubble popped, while prompt spreads strengthened…
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Rory Johnston
Oil Context Weekly (W25)
Crude prices attempted to find their comfort level amidst back the Israel-Iran headline rollercoaster, while futures curves steepened into backwardation…
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Rory Johnston
Oil Context Weekly (W24)
Israeli strike on Iran upends crude market, shifts focus from gradually and organically improving fundamentals to geopolitical tail risk.
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Rory Johnston
2
Oil Context Weekly (W23)
Crude prices recovered to around their highest level since April as speculators returned to the barrel, while the rise and fall of Western Canadian…
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Rory Johnston
Oil Context Weekly (W22)
Crude flat prices got jerked around by US trade policy developments and increasingly bearish OPEC+ chatter heading into the group’s weekend meeting…
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Rory Johnston
1
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