Too much oil, not enough worry. For now28 Oct 2024 08:23
So as expected, Israel tempered its response after the US deal to bring in 100 troops to Israel to man the THAAD.
Israel nicely protected in return. US consumers see lower gas prices just before the election, could just see the Dems squeeze back in.
So we’re back to too much oil floating around, and potential Labour interference in the budget and BP results, all in the next 10 days. Lots to worry on the downside.
Drops below 380p and I’ll top up.