Norway Strike in Mediation, Eases Market

After a week of rallying prices, oil markets are taking a breather. Crude oil prices are pulling back slightly, and fuel prices are seen varying degrees of losses as well. The strike in Norway continues to escalate, becoming a surprisingly important global oil event. Protesters have warned that if no concessions are made on wages […]

Week in Review – October 9, 2020

WTI crude finished higher this week. After heavy speculation over the weekend about the President’s health, the market rose on Monday on news that Trump was recovering from the coronavirus.  News of his recovery erased much of the previous week’s losses to start this week. Trump called for a halt to stimulus negotiations, then reversed […]

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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