Category archives: News

European close 9/11/20

The choice oh sources is endless, but we will use Bloomberg for the headline of the day ‘stocks surge to All-time high on vaccine optimism’ with a sub-headline ‘ Pfizer’s Covid Shot prevents 90% of infections in large study’. Equities are making new highs, oil is up 7.2% to USD 42.46, having traded as high …

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Oil Through the Looking Glass 09.11.20

*Oil Market Eyes Iran’s Return with Biden Win* The president-elect has vowed to lift sanctions against Tehran and re-join the JCPOA nuclear deal, on the condition that Iran complies with all restrictions on the program. Sanctions imposed by Trump cut more than 2 million barrels per day of Iranian oil exports, which would make the …

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