-Want the government to step in? Be careful what you wish for. -Bob McNally believes April will be “a particularly brutal month”. It seems as if most major oil producers will at the very least back some sort of rhetoric stating they’re all on the same page. There are few, if any, winners in the … More The Daily Dose
-What would Keynes do? -Trump intervention, Chinese buying spree, gives markets a push. Trump giveth and Trump taketh away. A presidential warning on the possible US death toll from COVID-19 spooked markets early Wednesday, though his let’s-make-a-deal comments on oil production sparked a major rally some 24 hours later. With large swathes of the US … More The Daily Dose
-Russia has a fortress economy -TC Energy Corp. marches forward while Shell steps back. Vague statements from the White House and the Kremlin on the state of affairs in the oil market gave crude oil prices a lift in early Tuesday trading. Right-leaning lawmakers in the United States have been pressuring Saudi Arabia and Russia … More The Daily Dose
The GERM Report 