-US data may be skewed by federal events -Lack of pipelines could strand North American crude Crude oil prices drifted lower in Tuesday, shrugging off early concerns over reports of an explosion in Saudi Arabia. The market could be idled in anticipation of US data on crude oil and product inventories, though that data may … More The Daily Dose; Mind the data
Risk level: Yellow RED: Severe (+/- 4%) ORANGE: High (+/- 3%) YELLOW: Elevated (+/- 2%) BLUE: Guarded (+/- 1%) THE BOOSTER SHOT -Renewables could shield the US economy -But they may lead to declining global leadership President Joe Biden managed to upend the US energy sector by rejoining the Paris climate accord and nixing the … More Renewables aren’t influential
-US rig counts increase yet again -We still have a political hangover from the Trump administration Crude oil prices moved lower in the final trading session of the week on supply-side strains and a resurgent pandemic in Asia. A quiet week for commodities still left the price of oil supportive of drilling in the United … More The Daily Dose; Supply-side strains say hello
