Warren Patterson's Comment & Analysis
A complete archive of Warren Patterson's articles, including current analysis & comment.
Oil prices strengthened further after President Trump threatened penalties on India for importing Russian energy. Meanwhile, Comex copper prices plunged after the US provided new details about its...
Oil prices extended their rally yesterday as President Trump confirmed that he will give Russia 10 days to reach a truce with Ukraine
Energy – Trump Gives Russia 10 Days to Reach Peace Deal
Oil...
Oil prices rallied after President Trump said he would shorten the deadline for Russia to come to a deal with Ukraine to end the war, raising supply concerns
Energy – Trump Shortens the Window for...
A trade deal between the US and EU proved positive for sentiment this morning in the oil market. However, attention will likely turn to OPEC+ output policy from September
Energy- US Drilling Activity...
Oil prices edged higher yesterday amid optimism over trade talks. This optimism is offsetting expectations of supply increases from Venezuela
Energy- Venezuelan Oil Supply Set to Increase
Oil prices...
Oil prices edged lower yesterday as tariff concerns linger with the 1 August deadline fast approaching
Energy – Oil Surplus and Timespreads
Oil prices edged lower yesterday with ICE Brent settling...
Oil prices showed little reaction to the EU’s latest sanction package against Russia. However, it could lead to further tightening in the European middle distillates market
Energy – Further EU...
Oil prices firmed yesterday despite a recovery in the US Dollar amid waning concern that President Donald Trump may remove Federal Reserve Chairman Jerome Powell from his position. Some fairly...
Oil prices edged lower yesterday, with a stronger US Dollar providing headwinds for the market
Energy- OPEC Output Rises
The oil market continued to edge lower yesterday, with a stronger US dollar...
Oil prices fell yesterday despite President Trump threatening 100% secondary tariffs on Russia, a clear sign that the market isn’t buying his threats.
Energy – The Oil Market Doesn’t Buy the...