The Daily Dose

-Fears of overflowing storage are subsiding. -OPEC sees worst contraction coming in 2Q. The headline in Reuters is that Hollywood can learn a thing or two from the porn industry, and again those of us observing the oil market can learn a thing or two from the health sector. Testifying via video conference, Dr. Anthony … More The Daily Dose

The Daily Dose

-Signs of recovery are only a mirage -Brent takes a nosedive after grim US unemployment figures. Things are going to get messy. Stock indices from the United States to Europe were in rally mode as investors bet on a return to business activity in the eurozone and some US states. In energy, most segments of … More The Daily Dose

The Daily Dose

-Some oil market players see opportunity in times of crisis. -New OPEC+ restraint in play today, but it’s restraint from great heights. Adapt or die. That may be the mantra that separates the energy companies that collapse in the quarantine economy and those that endure. The severe downturn has already forced rig company Diamond Offshore … More The Daily Dose