Tag: shale

The Daily Dose; OPEC, and America, Turns Against Itself.

June 4, 2020

-OPEC+ infighting threatens constraint -The tides are turning against the US president Crude oil prices were moving lower early in the Thursday session amid divisions among parties to the OPEC+ curtailment agreements. Media reports suggest Russia, which holds a seat on the committee monitoring compliance, and Saudi Arabia are on the same page in terms … More The Daily Dose; OPEC, and America, Turns Against Itself.

The Daily Dose; Concerns are A’plenty

May 28, 2020

-Russia and Saudi Arabia are at it again. -Hong Kong’s status as a global financial hub is in serious jeopardy. The spot price for Brent crude oil was in positive territory early Thursday, though front-month contracts were down after the American Petroleum Institute reported a sizeable build in US crude oil inventories. Concerns about overflowing … More The Daily Dose; Concerns are A’plenty