Technical & Fundamental Oil Reports Specialists

Follow us

PVM Midday Report 25 June 2015

Published Thursday, June 25th, 2015

  • The ECB approves emergency funding requested by Greece
  • IS attacks Syrian government and Kurdish militia simultaneously
  • Houthi shelling in Yemen kills four Saudi soldiers on the border
  • Greece wants to maintain tax break for its islands in new proposal


Oil eyes are on Greece obviously, where the latest deadline for a new and acceptable proposal will have passed by the time you read this update. The FTSEurofirst 300 index is down 0.5% whilst 10-year Bund yield dropped 1 basis point to 0.83%. Peripheral Europe bonds are down 2-3 basis points. Amidst the Greek turmoil it is worth noting that the immigrant crisis all over Europe is getting worse if anything.

to read the rest of the report, please click here

Posted by Tamas Varga

Tamas Varga has been in the oil industry since 1992 and with PVM for 18 years. During his time in the industry he has gathered a range of experience in the oil markets. At PVM Tamas is in charge of data collection and analysis.