The Daily Dose; Demand Is Not Quite Ready for Prime Time

-Pre-pandemic demand is on hold -Investment trends hint at future shape of US government   Supply-side issues by way of Libyan oil gave way to positive demand signals from China to give the price of oil a boost in early morning trading. The resumption of activity at the Sharara oil field, Libya’s largest, offset some … More The Daily Dose; Demand Is Not Quite Ready for Prime Time

The Daily Dose; Trump breaks the economy

-Profit-taking may be in play -Markets shrug off Hurricane Delta   Crude oil prices were moving in negative territory after already-fading hopes for a US stimulus package ended. That came after warnings from the top bank official about necessary support. Across the Atlantic, meanwhile, and there are signs the European economy may be facing some … More The Daily Dose; Trump breaks the economy