Tag: WTI

The Daily Dose; OPEC, and America, Turns Against Itself.

June 4, 2020

-OPEC+ infighting threatens constraint -The tides are turning against the US president Crude oil prices were moving lower early in the Thursday session amid divisions among parties to the OPEC+ curtailment agreements. Media reports suggest Russia, which holds a seat on the committee monitoring compliance, and Saudi Arabia are on the same page in terms … More The Daily Dose; OPEC, and America, Turns Against Itself.

The Daily Dose; OPEC Doubts Drag Oil Lower.

June 3, 2020

-The OPEC guessing game continues. -US labor pains may be over the hump. Equities futures were on the rise in early Wednesday trading on signs the US economy was recovering from pandemic-driven headwinds. Optimism was supported by word from Anthony Fauci, a front-line official on the US battle against coronavirus, that he was “cautiously optimistic” … More The Daily Dose; OPEC Doubts Drag Oil Lower.