The Daily Dose; It’s Worse Than Expected.

-Coronavirus not just a US economic issue -Iran the target of suspicious, or not so suspicious, activity Crude oil prices slipped into negative territory early Tuesday after the European Commission lowered its forecast for economic growth. Not to be outdone, Italian major Eni lowered its forecast for the price of crude oil by $10 per … More The Daily Dose; It’s Worse Than Expected.

The Daily Dose; Just Ignore the Bad News.

-Oil prices forgot all about yesterday. -Barclays ups its oil price forecast, but adds a caveat. The market has lockdown fatigue and its memory is short. Crude oil prices lost substantial ground in the Thursday session as investors worried about the possibility of another round of lockdowns stemming from a resurgent coronavirus. US crude oil … More The Daily Dose; Just Ignore the Bad News.