-Russia has all the aces. -Sitton tries again. Russia may once again showcase its influence over the global energy sector by convincing free-market players to at least pay lip service to artificial control mechanisms. Dozens of major oil producers will take part in meetings coordinated by parties to the OPEC+ regime to discuss demand disintegration … More The Daily Dose
Risk level: RED RED: Severe (+/- 4%) ORANGE: High (+/- 3%) YELLOW: Elevated (+/- 2%) BLUE: Guarded (+/- 1%) THE BOOSTER SHOT The oil price war will resolve who’s in charge. Sources familiar with particular thinking will drive the market this week. The Brent crude oil market is coming off an extraordinarily volatile week, with … More The Great Price War of 2020
-What would Keynes do? -Trump intervention, Chinese buying spree, gives markets a push. Trump giveth and Trump taketh away. A presidential warning on the possible US death toll from COVID-19 spooked markets early Wednesday, though his let’s-make-a-deal comments on oil production sparked a major rally some 24 hours later. With large swathes of the US … More The Daily Dose
The GERM Report 