DUC – The GERM Report

The Daily Dose; DUCS and Rigs and Bulls. Oh my!

September 16, 2020

-Brent rally continues, but will it hold? -OPEC has a lot on its plate. Crude oil prices continued the bullish trends from the previous session, rallying hard on the back of data showing a big drain on US crude oil inventories and the threat from Hurricane Sally. The price for Brent broke out Tuesday … More The Daily Dose; DUCS and Rigs and Bulls. Oh my!

The Daily Dose: W-shaped rebound

May 19, 2020

-Expect a W-shaped recovery in oil markets -The quarantine economy pushed US production back two years Market forces are curbing US shale output, supporting a rally in crude oil prices that’s extended for most of the month. OPEC+ restraint remains firm, though new production curtailments are not even a month old. Demand, meanwhile, is starting … More The Daily Dose: W-shaped rebound

The GERM Report

Geopolitical Energy and Risk Monitoring.

Tag: DUC

The Daily Dose; DUCS and Rigs and Bulls. Oh my!

The Daily Dose: W-shaped rebound