New Single-Shot Vaccine Shows 72% Efficacy in US

Oil markets are rising higher this morning, supported by a new Johnson & Johnson vaccine reaching the end of clinical trials. Although the efficacy appears to be just 72% in the US (and lower against the South Africa variant), it only requires a single jab, making its logistics far less complex than the Pfizer and […]

Week in Review – January 29, 2021

This week was full of price swings, but none of those swings resulted in a meaningful trend for the week. The oil market seemed to be taking in new political news carefully, tucking it away rather than acting on it. This week certainly wasn’t short on political news – from stimulus deal fighting to Biden […]

Saudis Cutoff US Exports & Majors Cut Output

Markets are receiving a boost following Trump’s Executive Order over the weekend. Trump signed the order to support economic recovery while Congress argues over the specific details of stimulus legislation. Experts are debating the efficacy of the order, since some of its measures may only be partially effective in supporting the economy. Still, markets are […]

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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