-Demand concerns finally catch up with commodities -Were cheap gas and complacency enough to put US drivers in a holiday mood? Demand concerns are putting pressure on the energy market, with Brent threatening to drop below the $40 per barrel mark in early trading on Tuesday. Demand becomes a particular issue in the US economy, … More The Daily Dose; Brent is in Correction Mode
-There are many asterisks in the latest US jobs data -The US is in flames, and the threat of war is growing in the Mediterranean. Crude oil prices had modest support in early-morning trading, though it quickly faded, as investors looked for optimistic data before US demand peters out after the long holiday weekend. A … More The Daily Dose; Fear is Growing
-Kemp: Contango structure deepens -Nord Stream may be too advanced to abandon. Even with a sizeable draw on US commercial crude oil inventories, demand signals didn’t add up to a rally for the price of oil in Wednesday trading. The trend continued into early-morning activity on Thursday, though it may be a bit of a … More The Daily Dose; Energy and Geopolitics Collide in Europe
The GERM Report 