Foenix Partners

Oil & Fuel update – 20th November

Following seven months of double digit inflation, the UK has reduced the CPI to 4.6% in October, meaning further interest rate hikes are now less likely.

Oil & Fuel update – 9th October

The oil and diesel markets saw significant falls last week amid fears of recessions in the Western economies and further interest rate hikes.

Oil & Fuel update – 7 August

Oil continued its bullish trajectory last week with both Brent Crude Oil and West Texas Intermediary recording their sixth consecutive weekly gains. Brent crude opened on Monday 7th August at $86.1 per barrel, with WTI opening at $82.6 per barrel.