Markets Fall as China Abandons GDP Forecast

The oil complex is pulling back this morning after posting sizable gains throughout the week. Heading into a long weekend, traders are taking their gains and exiting the market. Uncertainty regarding updates in China is also leading the market to take a cautious approach. The Chinese economy, once the centerpiece of the COVID-19 debacle, is […]

Week in Review – May 22, 2020

WTI crude closed yesterday near 10 week highs but prices finished off the day’s highs due to profit taking and concerns about demand recovery.  It has been a strong month for crude with the June contract expiring in the black – a far cry from the negative prices seen in May. This month experienced the […]

Market Condition Report - Disclaimer
The information contained herein is derived from sources believed to be reliable; however, this information is not guaranteed as to its accuracy or completeness. Furthermore, no responsibility is assumed for use of this material and no express or implied warranties or guarantees are made. This material and any view or comment expressed herein are provided for informational purposes only and should not be construed in any way as an inducement or recommendation to buy or sell products, commodity futures or options contracts.

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