-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
-Norwegian strikes could end by the weekend -US tariffs are biting at home While Hurricane Delta has sidelined almost all of the oil production in the US waters of the Gulf of Mexico, crude oil prices were in retreat in early-trading Friday. A double-digit rally on the week and signs that a labor strike … More The Daily Dose; Rally eases on possible Norwegian breakthrough
-Profit-taking may be in play -Markets shrug off Hurricane Delta Crude oil prices were moving in negative territory after already-fading hopes for a US stimulus package ended. That came after warnings from the top bank official about necessary support. Across the Atlantic, meanwhile, and there are signs the European economy may be facing some … More The Daily Dose; Trump breaks the economy
The GERM Report 