Oil Traders To Blame For Recent Rally? – ValueWalk Premium
Gas oil Fracking

Oil Traders To Blame For Recent Rally?

Oil prices have been on a tear over the past week, but this rally may not be entirely driven by fundamentals, sorry Andy Hall.

The all-in cost of tanker vessels chartering has once again intersected with the slope the oil forward curve, making for conditions which have previously initiated a process of floating storage inventory build.

Oil Asset Impairments Soar – Hit $100 Billion In 2015, Up From $23B In 2014 And $9.3B In . . .

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