Tag: Delta

The Daily Dose; Risk-on, but it’s temporary

October 6, 2020

-Hurricane threat adds to bullish sentiment -IMF warns of a bumpy road to recovery   Crude oil prices continued to rally early in the Tuesday session, though it had little to do with the health of the US president this time around. Hurricane Delta has already prompted some companies to shield their assets and personnel … More The Daily Dose; Risk-on, but it’s temporary

The Daily Dose; Will OPEC Make the Right Move?

July 14, 2020

-OPEC needs to do some serious thinking -Two years before recovery happens, Delta Air Lines said. Crude oil prices dipped slightly in early Tuesday trading after the secretary general of OPEC said the market was balancing out. The contango structure, where front-month contracts are trading higher than the spot market, is shrinking, confirming OPEC’s position … More The Daily Dose; Will OPEC Make the Right Move?