While the world is busy guessing who will win this election, we’re here scratching our heads over what the story for oil will be in the coming months. Will the Saudis flood the markets after the election?
Something for your Espresso: Phew..
A big central bank week is approaching its end and the Fed is back as the biggest dove in town. Does it make sense? Meanwhile, Oil demand dynamics keep delivering.
To read the full article, sign up for a 14-day FREE trial of the Professional plan.
Already a member? Login here
The Energy Cable #27 – Negative electricity prices in Europe, while Saudi Arabia strikes again
Europe has seen some remarkable energy prices in recent days with record negative electricity prices in the North Western part of the continent, while Saudi Arabia strikes again and prolongs the supply cuts into August.
To read the full article, sign up for a 14-day FREE trial of the Professional plan.
Already a member? Login here
The Great Game – Betrayal from the inside threatens OPEC solidarity
Why – even after successive cuts – does crude oil keep settling on a $70 barrel? The conundrum has pitted the OPEC+ alliance against each other. Suspicious eyes are turning away from outside foes, and are now looking inwards, trying to sniff out the mole who is free-riding on the collective. Will the imposter be detrimental to Saudi’s production cut strategy?
To read the full article, sign up for a 14-day FREE trial of the The Macro Connoisseur, Professional or Crypto plan.
Already a member? Login here
The Great Game: What to make of the Iran-Saudi Deal and Ukraine holding on to Bakhmut
Are the Chinese taking over management of the Middle East? Have Sweden given up on NATO? Why was I completely wrong about Bakhmut? Read all the answers in this year’s Great Game!
To read the full article, sign up for a 14-day FREE trial of the The Macro Connoisseur, Professional or Crypto plan.
Already a member? Login here
The Great Game #5 – China and the Anti-Western Axis
China’s recent deals with both Iran and Saudi Arabia should be a wake-up call for the West. Xi wants to position China as both the political and economical centre of gravity for the Global South.
To read the full article, sign up for a 14-day FREE trial of the The Macro Connoisseur, Professional or Crypto plan.
Already a member? Login here