*Oil Balanced on Competing News* The US increase in virus cases is causing concerns for the recovery of demand for oil and more generally of attempts to return life around the globe to normal. The second wave of virus cases has put in doubt plans by many states to further relax lockdown measures, delaying further a …
Author archives: Edward Hutton
Steel & Scrap 09-07-20
Fertilizer Financial Markets Commentary/Curves
Morning Oil Note 9/7/20
Good morning all. Brent futures rose 2 cents, or 0.05%, to $43.31, by 4:43 am GMT, while WTI futures dipped 3 cents, or 0.07%, to $40.87 a barrel. According to data from the US Energy Information Administration, US oil stockpiles for the week ended July 3 increased by 5.7 million barrels from the previous week …
