Analysis by Alan Apthorp In an unsurprising twist that anyone could have seen coming – 2022 is ending with some fuel market challenges. It’s a fitting end for a year that has been rife with war, volatility, and supply shortages. Let’s explore some of the challenges facing markets currently. In southern California, a refined fuel […]
With America now taking the lead on number of coronavirus cases globally, fuel demand prospects for the coming weeks seems weaker than ever. Amid social distancing efforts, fuel demand is low enough now to evoke a response from refineries. India’s leading refiner has cut throughput by 25%-30%, and East Asian countries are following suit. From […]
The crude market was up slightly for the week. The major news moving markets this week started with the Fed announcing plans to buy $250 billion in mortgage backed securities and $375 billion in Treasuries this week. The Fed action was meant to energize the economy but seemed to have the opposite effect on equities. […]
