Risk level: RED RED: Severe (+/- 4%) ORANGE: High (+/- 3%) YELLOW: Elevated (+/- 2%) BLUE: Guarded (+/- 1%) THE BOOSTER SHOT OPEC+ arrangement a victory in rhetoric only. Energy Intelligence forecasts swift declines outside the OPEC group. Looking at US hegemony as the effort to contain the spread of communism collapsed in Vietnam in … More “A nightmare of global organization.”
-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 