The Daily Dose; Don’t Fall Asleep Watching Oil Prices

-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

The Daily Dose; Demand Is Not Quite Ready for Prime Time

-Pre-pandemic demand is on hold -Investment trends hint at future shape of US government   Supply-side issues by way of Libyan oil gave way to positive demand signals from China to give the price of oil a boost in early morning trading. The resumption of activity at the Sharara oil field, Libya’s largest, offset some … More The Daily Dose; Demand Is Not Quite Ready for Prime Time