S02 Ep36 Energy Market Update: Why did oil sell off?

Loading player...
Brent rallied up over 75 $/b last week but sold off again at the end of the week. Investec's Head of Commodities Callum Macpherson looks at why the rally faded so quickly.

Please note: this podcast is provided for information purposes only and should not be construed as an offer, or a solicitation of an offer, to buy or sell financial instruments. This podcast does not constitute a personal recommendation and is not investment advice.
30 Sep 2024 English South Africa Business

Other recent episodes

S04 Ep19 Energy Market Update: Brent retreats after Iran fears ease

Brent surged above $70/b last week, nearing $72/b, as markets priced in the risk of U.S. military action against Iran. Sentiment has since cooled after confirmation that talks are under way, with prices easing back toward $65/b. While the immediate risk premium has faded, uncertainty around the outcome of negotiations…
2 Feb 3 min

S04 Ep18 Energy Market Update: Brent pushes above $66/b on renewed supply risks

Brent crude has climbed above $66/b this morning, its highest level since Iran-related tensions peaked earlier this month. The rally reflects renewed geopolitical nervousness and a series of supply-side disruptions, prompting markets to price in a higher short-term risk premium. Please note: this podcast is provided for information purposes only…
26 Jan 3 min