-US-Chinese tensions cloud hopes for sharp economic recovery -OPEC signals the end is near. The price for Brent crude oil was up early Wednesday after unofficial US data showed a sizeable draw in crude oil inventories for the week ending July 10. The rally was supported in part by heightened Cold War-like tensions between the … More The Daily Dose; Is China Winning the New Cold War?
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 