Tag: tankers

The Daily Dose

May 12, 2020

-Dr. Fauci’s “too soon” warnings may be relevant for the oil sector. -Brent continues to climb amid pivot to the new normal. The likelihood that Brent crude oil would follow WTI into negative territory was never a real possibility, one market assessment read. In the US shale patch, it looks like the worst is over, … More The Daily Dose

The Daily Dose

April 21, 2020

-Cushing is already full. -The US oil economy may need a panic button. The primary US commercial storage facility in Cushing, Okla., is full for all intents and purposes. That’s the word Tuesday from Ole Hansen, the head of commodity strategy at Saxo Bank, after the biggest collapse in US crude oil prices since record-keeping … More The Daily Dose