-Some oil market players see opportunity in times of crisis. -New OPEC+ restraint in play today, but it’s restraint from great heights. Adapt or die. That may be the mantra that separates the energy companies that collapse in the quarantine economy and those that endure. The severe downturn has already forced rig company Diamond Offshore … More The Daily Dose
Risk level: RED RED: Severe (+/- 4%) ORANGE: High (+/- 3%) YELLOW: Elevated (+/- 2%) BLUE: Guarded (+/- 1%) THE BOOSTER SHOT -The dangers of over-reaction are high in times of crisis. -Earnings week from global supermajors will tell us how bad things really are. A change in the rules is necessary so that a … More AmericaOil
-Geopolitical risk mounts a comeback. -US “reopen” movements exposes risk of politicizing crises. Politicizing a crisis is indicative of a lack of genuine leadership and it often results in unintended blowback. This is true in the case of the coronavirus and the oil markets. Right-leaning leaders that represent oil-producing states in the US spent much … More The Daily Dose
The GERM Report 