-Tunnel for oil prices looks to be getting longer -Don’t forget your history lesson on Yasser Arafat It’s not necessarily out of the question to assume the price of oil, barring any black-swan event, will be stuck where it is until the November elections in the United States. The committee monitoring OPEC+ compliance left … More The Daily Dose; Don’t Fall Asleep Watching Oil Prices
-European economy under renewed COVID-19 pressure -The UN General Assembly gives us a clue about the mood in the room. Market direction for the price of crude oil remained unclear in early Wednesday trading after the American Petroleum Institute reported a mixed bag for oil and petroleum products. Apart from a resilient pandemic dragging … More The Daily Dose; Brent remains stuck.
-Brent rally continues, but will it hold? -OPEC has a lot on its plate. Crude oil prices continued the bullish trends from the previous session, rallying hard on the back of data showing a big drain on US crude oil inventories and the threat from Hurricane Sally. The price for Brent broke out Tuesday … More The Daily Dose; DUCS and Rigs and Bulls. Oh my!
The GERM Report 