Risk level: Blue RED: Severe (+/- 4%) ORANGE: High (+/- 3%) YELLOW: Elevated (+/- 2%) BLUE: Guarded (+/- 1%) THE BOOSTER SHOT -Turkey tries its hand at dominance through energy. -The Mediterranean map is looking World War I-ish Turkey late last week issued an advisory to mariners notifying them of a “gunner exercise” in the … More Turkey Tries Trump Playbook on Energy
-WTO sees possible L-shaped recovery. -There’s no shortage of geopolitical risk. Crude oil prices were lower early in the trading day on Wednesday after estimates showed a mixed bag for inventories of petroleum products in the United States. A steady series of drains on US crude oil inventories suggest that demand is slowly returning to … More The Daily Dose; Lots to Unpack for Oil Price Movements.
-There’s more to it than vaccines and stimulus hopes -Commodity markets are inextricably tied to geopolitical issues The headlines in the financial press on Tuesday attributed the rise in the price of oil and gains in the equities markets to hopes for a fading pandemic and signs of improved demand. That deserves a deeper look. … More The Daily Dose; Commodities are Exposed to Risk.
The GERM Report 