The Daily Dose; Oil News Reminiscent of April Negativity

-The mood has darkened -Take the gold watch if you can get it.   The news this morning was reminiscent of the dark days of spring, when US bankruptcies in the shale patch prompted calls for OPEC-like intervention in the free-market economy. Small in sample size, but huge in terms of the reverberations, Wednesday saw … More The Daily Dose; Oil News Reminiscent of April Negativity

The Daily Dose; Demand is Dead. Long Live Demand

-Trading houses aren’t that optimistic -European energy security may be at risk.   Crude oil prices were riding on the coat-tails of equities in the previous session, though looked to be paring some of those gains in early-morning trading. The market got a bit of a boost on the re-introduction of a US stimulus package, … More The Daily Dose; Demand is Dead. Long Live Demand