-The quarantine economy is a mismatched one. -US shale showing its resiliency. Remember Monday? Ahh, the good ol’ day. We started the week with crude oil prices rallying in stellar fashion on hopes of a vaccine for COVID-19. Since then, we’ve seen an exponential rise in new infections, particularly in the United States where partisan … More The Daily Dose; Ah … Remember Monday?
-North American oil prospects are fading -OPEC+ has some tough homework over the weekend. Brent crude oil was unable to hold up a strong defense for $40 per barrel on supply-side pressures and weak prospects for a sharp economic recovery. A miss on gross domestic product in the British economy was compounded by the … More The Daily Dose; Brent has Work to Do
-Up again, down again. Up gain, down again. -Belarus could be the next Ukraine. The price of oil is in stand-still mode as traders and investors take a wait-and-see approach ahead of Wednesday’s meeting of the committee monitoring OPEC curtailments. So far, parties to the agreement to trim some 7.7 million barrels per day from … More The Daily Dose; Wake Me Up When Oil Prices Get Unstuck.
The GERM Report 