A journey through the oil markets from the physical perspective. We take a look at barrels moving
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Can you imagine the strait open?
The signing of the MoU was merely the confirmation of what we had already been seeing for several weeks, and ultimately the only thing we care about: oil is moving.
The First 100 days
What if we already had a "Deal"?
While we wait for the imminent deal, this would be announcement number 38 by now, something else has captured the narrative over the last few days, something we discussed a few weeks ago as little more than...
Drifting Away
Can we live without Hormuz?
This week gave us proof that this is still far from resolved, reflected in what was probably the strangest ceasefire in history... and every time an agreement appears imminent, Iran asks for just one more conces...
Back to School
Fog is dissipating
Are you still reading headlines? The market moved past that stage already… oil came off because above 105/110 there simply was not much room left to go higher... it is not going to rally while China is importing just 7Mn...
Lost and Found
Caught between headlines
We are bouncing between $100 and $110, in a tense calm, where we have the feeling that something might shift beneath our feet anytime soon. The usual headline was followed by an ever decreasing reaction, but below...
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Authors
The writers behind this newsletter.
I used to move barrels for a living
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