-BoE frets over furloughs -OPEC+ signals the end is near Expectations of a return to growth in the US manufacturing sector combined with a reported drain on US crude oil inventories helped give crude oil prices a lift in early Wednesday trading. Crude oil prices fell in the previous session after the top infectious disease … More The Daily Dose; Brent Just Can’t Catch a Break.
Risk level: Orange RED: Severe (+/- 4%) ORANGE: High (+/- 3%) YELLOW: Elevated (+/- 2%) BLUE: Guarded (+/- 1%) THE BOOSTER SHOT -After OPEC+, Russia sees a geopolitical opening. -Pleas to support globalization continue. The price for Brent crude oil fell more than 2% for the week ending June 26 as an uptick in coronavirus … More The Russian Bear Breaks Free
-Another US energy company bites the dust -Brent prices avoided a milestone, but just barely Crude oil prices were supported, but just barely, in early Friday trading on expectations that global policymakers would keep their foot on the stimulus pedal, despite worrying signs of new COVID-19 cases and waning demand in Asia. Brent crude oil … More The Daily Dose; Brent Again in Retreat.
The GERM Report 