Risk level: Yellow RED: Severe (+/- 4%) ORANGE: High (+/- 3%) YELLOW: Elevated (+/- 2%) BLUE: Guarded (+/- 1%) THE BOOSTER SHOT -Green agenda makes sense … sometimes. -From lipstick to vinyl records, oil is here to stay British energy company BP started evacuating personnel from its rigs in the US waters of the Gulf … More Climate Initiatives and the Oil Sector Collide
-Eurozone PMI just barely on the positive side of growth. -Libyan government in Tripoli declares cease-fire. Crude oil prices were moving into negative territory for the third-straight session on signs that hopes for a V-shaped economic recovery are fading. The data firm IHS Markit found that economic growth in the Eurozone is slowing down just … More The Daily Dose; European Weakness Drags Oil Prices Lower.
-ECB points fingers at US pandemic. -Things are getting chippy in the Persian Gulf. Crude oil prices were once again under pressure on Thursday following economic warnings from OPEC and the US Federal Reserve. Traders will be looking at the unemployment level in the United States, which is expected to show marginal improvement. Norway, a … More The Daily Dose; Wake Up, Traders! Stuff is Still Happening.
The GERM Report 