Tag: aramco

The Daily Dose

March 5, 2020

-Russia is the guerilla leader of OPEC+, balancing Saudi Arabia -Wood Mac: Coronavirus demand destruction close to rivaling the Great Recession OPEC chatter was relentlessly opaque before the opening bell in New York City. Reports early Thursday indicated that members of the group agreed to cut output by 1.5 million barrels per day, giving Brent … More The Daily Dose

The Daily Dose

February 21, 2020

-Houthi action, Iranian elections could add a risk premium to Brent -Japan’s economy slips further into contraction After failing to breach the $60 mark in the previous session, Brent crude oil was in retreat in early Friday trading on renewed concerns about the coronavirus. Reports that the virus was spreading in Chinese prisons has spooked … More The Daily Dose