TRADER MEETING NOTES
A premium report highlighting the market views of senior traders
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Latest
Putin said Russia is expanding exports to India. Looming 100% secondary sanctions from the US are putting India in a tricky position....
14 page report
It’s the economy, stupid!
Things can change quickly at any moment, and it would not be far-fetched to see greater jawboning attempts by the White House...
14 page report
A Brief Moment In The ($90) Sun
Brent slips below $90 as tight products, disrupted waterways and refinery risks keep the market supply-side bullish.
16 page report
A Moment in the Eye of The Hurricane
The week started quietly, with no overnight strikes announced by CENTCOM on 31 Jul. That calm was unfortunately short-lived....
16 page report
Teeter-Totter
Middle East tensions re-escalate as Hormuz closes, tanker attacks resume, US-Iran strikes intensify, and storm risks emerge.
16 page report
What’s worse than one Strait being under attack…?
Brent targets $100 as Houthis declare naval blockade on Saudi Arabia; Asia refined products rally substantially; gasoil cracks breach $70
16 page report
It’s Not Coming Home (The Barrel, Through Hormuz)
Brent stabilises below $85 as backwardation returns. Dubai weakens sharply, while refining margins climb to record highs.
16 page report
Hungry for TACOs
US-Iran tensions escalate as strikes hit vessels and targets. Brent spikes $8 before easing as markets digest renewed volatility.
16 page report
Trying to beat Contan-Congo
Brent nears $70 as crude weakens, but strong refining margins and heavy shorts raise risks of a sharp squeeze.
16 page report
Contang-oh no!
Nevertheless, the Strait of Hormuz is open, and thus, oil shall flow.....
16 page report
Memoran-Done…?
Having been burned so many times by declarations that the war is over, the scepticism of the market is hardly unbelievable....
16 page report
Positioning For Peace
The Iran war has hit its 100-day mark, but no peace deal is in sight. Strikes are exchanged, but short of widespread escalation...
16 page report
Deal or No Deal
Just when you think the bullish winds have been taken out of the market, the bulls find a way to steady the ship as Brent rebounded from....
16 page report