-IMF: The Great Depression got nuthin’ on the COVID collapse -10 million bpd or 20 million bpd depends on how you do the math. Questions over the details of what’s been described as a historic breakthrough for global oil producers left Brent crude oil prices in the red early Tuesday. US President Donald Trump said … More The Daily Dose
-Thesis clashes with the antithesis and yields something new. -Mexico called to play nice, though the US and others given a free ride. The breakdown of a plan to trim at least 10 million barrels per day from the global market early Friday shows not only the difficulty in coordinating across multiple fronts but also … More The Daily Dose
-Russia has all the aces. -Sitton tries again. Russia may once again showcase its influence over the global energy sector by convincing free-market players to at least pay lip service to artificial control mechanisms. Dozens of major oil producers will take part in meetings coordinated by parties to the OPEC+ regime to discuss demand disintegration … More The Daily Dose
The GERM Report 