The Daily Dose; Brent Just Can’t Catch a Break.

-BoE frets over furloughs -OPEC+ signals the end is near Expectations of a return to growth in the US manufacturing sector combined with a reported drain on US crude oil inventories helped give crude oil prices a lift in early Wednesday trading. Crude oil prices fell in the previous session after the top infectious disease … More The Daily Dose; Brent Just Can’t Catch a Break.

The Daily Dose

-Dr. Fauci’s “too soon” warnings may be relevant for the oil sector. -Brent continues to climb amid pivot to the new normal. The likelihood that Brent crude oil would follow WTI into negative territory was never a real possibility, one market assessment read. In the US shale patch, it looks like the worst is over, … More The Daily Dose