Will Cunliffe
Research Analyst, The Officials
Euro July Monthly Report
What an eventful month...again!
What an eventful month...again!
July had its moments. Brent hit 100 bucks, following Trumps ill fated resumption of an unwinnable war. You gotta give it to him for his persistence in draining out America's missile inventory. He won't be happy until there is no more. He also chose a time when oil stocks are the lowest ensuring the nice pop in prices we all experienced. We are all consumers so not too happy about that. His actions drew in the Houthis ensuring that not only one strait was imperiled but two! A few Saudi refineries and installations also got it on the neck. So, is the world better off after Trumps's round three? You tell me.
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