-Brent maintains shaky hold on $50 per barrel -U.S. stimulus package gets a resounding “meh.” Crude oil prices suffered another down day in Tuesday trading. Concerns about a new variant of COVID-19 spreading through the United Kingdom has effectively closed the island nation off to the rest of the world. Meanwhile, a massive stimulus package … More The Daily Dose; Pessimism is sinking in
-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
-Do Libyan barrels have any place to go? -The market is stuck between a rock and a hard place. Traders were buying the dip in early morning trading after crude oil suffered major losses in the previous session. The specter of the possible return of Libyan barrels on the water and last week’s rush … More The Daily Dose; Brent is in a Tunnel.
The GERM Report 