Foenix Partners

Oil & Fuel update – 18th December

After seven consecutive weeks of decline, both crude benchmarks experienced modest gains last week. The positive movement followed the Federal Reserve meeting, where indications were given that there would be no further interest rate
hikes in the coming year.

Oil & Fuel update – 13th November

Iran has warned that an escalation of tensions between Israel and Hamas is inevitable. This week may witness the unfolding of the Middle East conflict, with many anticipating an intensification of Israeli operations in Gaza City. Heightened activities from Lebanon and Iran could potentially trigger a surge in oil prices, offering limited security.