Risk level: RED RED: Severe (+/- 4%) ORANGE: High (+/- 3%) YELLOW: Elevated (+/- 2%) BLUE: Guarded (+/- 1%) THE BOOSTER SHOT -The dangers of over-reaction are high in times of crisis. -Earnings week from global supermajors will tell us how bad things really are. A change in the rules is necessary so that a … More AmericaOil
-The free market is working. -Eni says this is the most complex moment in 70 years. A do-nothing approach to the oil economy is impacting supply dynamics in a way that no artificial mechanism can. After cutting production earlier this month, Bakken producer Continental Resources is halting drilling operations in North Dakota. Italian major Eni … More The Daily Dose
-Geopolitical risk mounts a comeback. -US “reopen” movements exposes risk of politicizing crises. Politicizing a crisis is indicative of a lack of genuine leadership and it often results in unintended blowback. This is true in the case of the coronavirus and the oil markets. Right-leaning leaders that represent oil-producing states in the US spent much … More The Daily Dose
The GERM Report 