Tag: Turkey

The Daily Dose; The Tale of Two Markets.

August 13, 2020

-IEA serves up something for everyone -The market has a very, very short memory. Crude oil prices softened in early morning trading on Thursday after the International Energy Agency lowered its forecast for demand for the first time in several months. Global supply, the agency said, is expected to fall, through refinery intake is recovering. … More The Daily Dose; The Tale of Two Markets.

Libya Reinstates Force Majuere on Oil Exports

July 13, 2020

Risk level: Yellow RED: Severe (+/- 4%) ORANGE: High (+/- 3%) YELLOW: Elevated (+/- 2%) BLUE: Guarded (+/- 1%) THE BOOSTER SHOT -Libya is the world’s playing field. -Turkey itching to break out of Anatolia. Libya on Sunday declared force majeure on oil exports after accusing agents of the United Arab Emirates of intervening in … More Libya Reinstates Force Majuere on Oil Exports