-Russia and Saudi Arabia are at it again. -Hong Kong’s status as a global financial hub is in serious jeopardy. The spot price for Brent crude oil was in positive territory early Thursday, though front-month contracts were down after the American Petroleum Institute reported a sizeable build in US crude oil inventories. Concerns about overflowing … More The Daily Dose; Concerns are A’plenty
-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
-COVID-19 claims its first corporate casualty -US could lease space in strategic reserve. A dour warning from US officials about the sweeping impact of the coronavirus put broader markets in a tailspin on Wednesday. The US president has finally come to terms, it seems, with the severity of the situation, while the nation’s top health … More The Daily Dose
The GERM Report 