-Hurricane threat adds to bullish sentiment -IMF warns of a bumpy road to recovery Crude oil prices continued to rally early in the Tuesday session, though it had little to do with the health of the US president this time around. Hurricane Delta has already prompted some companies to shield their assets and personnel … More The Daily Dose; Risk-on, but it’s temporary
-Coca Cola shows us the economy isn’t doing well -Hurricane Laura was a bit of a nothing burger for energy. The price for Brent crude oil is on pace for a gain of around 2% this week, though much of that gain was due to the impacts of storms in the oil-rich Gulf of Mexico. … More The Daily Dose; Someone Get Brent a Pillow
Risk level: Yellow RED: Severe (+/- 4%) ORANGE: High (+/- 3%) YELLOW: Elevated (+/- 2%) BLUE: Guarded (+/- 1%) THE BOOSTER SHOT -Green agenda makes sense … sometimes. -From lipstick to vinyl records, oil is here to stay British energy company BP started evacuating personnel from its rigs in the US waters of the Gulf … More Climate Initiatives and the Oil Sector Collide
The GERM Report 