-German economy is standing still -Chinese economic cold is spreading, though mixed signals are abundant Crude oil prices were on the rise in early morning trading and could be on pace for at least a 4% gain on the week if the rally holds. The trend has been supported largely by the effect, or lack … More The Daily Dose
Crude oil prices edged lower in early morning trading after rallying some 3% in the previous session. The decline is in response to a report from the IEA that finds the coronavirus is having a major impact on the Chinese economy, the second-largest in the world. A new way of counting infections in Hubei province, … More The Daily Dose
-Libyan production is not the same as Libyan exports. -The rally in crude oil prices may be technical in nature. -Oil prices may be supported by a fire at an Exxon refinery in Baton Rouge. Crude oil prices were on pace for the third straight day of advances in early Wednesday trading amid signs the … More The Daily Dose
The GERM Report 