-US pipeline woes curb potential for energy dominance -Russia is concerned about a Joe Biden victory The price for Brent crude oil remains stuck at around $40 per barrel as the abnormalities of the quarantine economy become the new normal. The apathetic price band comes even as the US government raised its estimate for Brent … More The Daily Dose; US Oil Dominance Faces Headwinds.
-Coronavirus not just a US economic issue -Iran the target of suspicious, or not so suspicious, activity Crude oil prices slipped into negative territory early Tuesday after the European Commission lowered its forecast for economic growth. Not to be outdone, Italian major Eni lowered its forecast for the price of crude oil by $10 per … More The Daily Dose; It’s Worse Than Expected.
Risk level: Red RED: Severe (+/- 4%) ORANGE: High (+/- 3%) YELLOW: Elevated (+/- 2%) BLUE: Guarded (+/- 1%) THE BOOSTER SHOT -Thomas Hobbes was right. -Oil remains a strategic interest. Iranian authorities during the weekend said they understood the cause of an explosion at the Natanz nuclear research facility, but were withholding information as … More Managing an Unmanaged World
The GERM Report 