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Tag: oil

The Daily Dose; Brent is in a Tunnel.

September 22, 2020

-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.

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The Carter Doctrine is Dead

September 21, 2020

Risk level: Orange RED: Severe (+/- 4%) ORANGE: High (+/- 3%) YELLOW: Elevated (+/- 2%) BLUE: Guarded (+/- 1%) THE BOOSTER SHOT -The United States is Crafting its Own Geopolitical Decline. -Oil pipelines are as good as territorial boundaries. It read in part like the motto from the US Postal Service; demand warnings from neither … More The Carter Doctrine is Dead

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The Daily Dose; DUCS and Rigs and Bulls. Oh my!

September 16, 2020

-Brent rally continues, but will it hold? -OPEC has a lot on its plate.   Crude oil prices continued the bullish trends from the previous session, rallying hard on the back of data showing a big drain on US crude oil inventories and the threat from Hurricane Sally. The price for Brent broke out Tuesday … More The Daily Dose; DUCS and Rigs and Bulls. Oh my!

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