News Out of Asia Putting Downward Pressure on Markets

On Thursday, WTI Crude finished higher even in the face of relatively bearish EIA inventory news.  This week will mark the first week of losses with the previous four consecutive weeks of gains in crude.  Even with this week’s losses, the month of May is on track to finish with over 70% in monthly gains. […]

Week in Review – May 29, 2020

WTI crude started the short week on Tuesday, trading at levels not seen since early March.  Comments from the IEA’s executive director were bullish on demand returning to pre-crisis levels and higher. Souring the rally as the week progressed was OPEC+ news from Russia regarding tapering off production cuts in July.  While the original OPEC+ […]

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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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