-Norwegian strikes could end by the weekend -US tariffs are biting at home While Hurricane Delta has sidelined almost all of the oil production in the US waters of the Gulf of Mexico, crude oil prices were in retreat in early-trading Friday. A double-digit rally on the week and signs that a labor strike … More The Daily Dose; Rally eases on possible Norwegian breakthrough
-Expect the unexpected once oil recovers, operators say. -Hiring in the United States is so last year. Implied demand in the form of gradual economic reopening coupled with market-driven production closures led to weekly gains in the price of oil. From Australia to France, governments are unveiling step-by-step guidelines for economic reopening. In the US, … More The Daily Dose
-Signs of recovery are only a mirage -Brent takes a nosedive after grim US unemployment figures. Things are going to get messy. Stock indices from the United States to Europe were in rally mode as investors bet on a return to business activity in the eurozone and some US states. In energy, most segments of … More The Daily Dose
The GERM Report 