-Trading houses aren’t that optimistic -European energy security may be at risk. Crude oil prices were riding on the coat-tails of equities in the previous session, though looked to be paring some of those gains in early-morning trading. The market got a bit of a boost on the re-introduction of a US stimulus package, … More The Daily Dose; Demand is Dead. Long Live Demand
-There are many asterisks in the latest US jobs data -The US is in flames, and the threat of war is growing in the Mediterranean. Crude oil prices had modest support in early-morning trading, though it quickly faded, as investors looked for optimistic data before US demand peters out after the long holiday weekend. A … More The Daily Dose; Fear is Growing
-ECB points fingers at US pandemic. -Things are getting chippy in the Persian Gulf. Crude oil prices were once again under pressure on Thursday following economic warnings from OPEC and the US Federal Reserve. Traders will be looking at the unemployment level in the United States, which is expected to show marginal improvement. Norway, a … More The Daily Dose; Wake Up, Traders! Stuff is Still Happening.
The GERM Report 