The Daily Dose; We’re asking the wrong questions

-What would Heidegger say? -We might have a shale oil problem. We might not. Crude oil prices continued to test new highs in the Tuesday session, with Brent long ago leaving the psychological level of $60 per barrel in the rear-view mirror. Estimates form S&P Global Platts show crude oil inventory levels could show a … More The Daily Dose; We’re asking the wrong questions

The Daily Dose; Rally could signal go time for drillers

-Kemp wonders about output -US labor market holding steady A rally in crude oil prices extended into Thursday trading, with the price for Brent crude oil marching ever closer to the $60 per barrel mark. The rally was supported in part by positive employment news from the United States. A weaker US dollar muted some … More The Daily Dose; Rally could signal go time for drillers

The Daily Dose; We got this, OPEC committee says

-Balance is coming -Biden plays hardball with Iran Members of a committee monitoring OPEC-led production restraints said Wednesday they were optimistic that 2021 would be a year of recovery. Markets during the previous session rallied on news that Saudi Arabia made good on a pledge to trim another 1 million barrels per day in production, … More The Daily Dose; We got this, OPEC committee says