The Daily Dose; US Oil Stock Draw Drives Rally

-Equities bet a Biden win would be offset by a GOP Senate. -Will Tropical Storm Eta disrupt traffic in the Gulf of Mexico? Crude oil prices followed equities higher in Wednesday trading as most people were glued to their televisions or social media feeds waiting for the results from the US presidential contest. The race … More The Daily Dose; US Oil Stock Draw Drives Rally

The Daily Dose

-Signs of recovery are only a mirage -Brent takes a nosedive after grim US unemployment figures. Things are going to get messy. Stock indices from the United States to Europe were in rally mode as investors bet on a return to business activity in the eurozone and some US states. In energy, most segments of … More The Daily Dose

The Daily Dose

-The cure to lower oil prices in the US may be worse than the problem -Irrational exuberance may cause the bulls to run for crude oil prices. The slow reopening of the global economy is breathing new life into crude oil prices as demand starts to eat into supply. The US Energy Information Administration reported … More The Daily Dose