. Market Sentiment Watch: NY, NJ, CT prepare to reopen fully in May with the UK set to follow in June. Vaccine application set to broaden to include younger kids. . Housekeeping Watch: A busy day, with more to come in energy earnings this week. Some of our comments may be more brief than usual. […]
. . Market Sentiment Watch: Market eyes on key economic data this week (not today) and D.C. moves on the size of the upcoming stimulus package. Covid numbers showing improvement lead oil higher. In today’s post please find: the early read on oil inventories (another week of crude draw expected and note the comments on […]
. . Market Sentiment Watch: Market and energy eyes on Covid and lockdowns (France and German announced new ones yesterday). In today’s post please find: the oil inventory review (mixed bag – the crude build was smaller than year ago, refiner through didn’t drop as some feared, exports jumped, and distillate stocks continued rapidly back […]
. . Market Sentiment Watch: Market eyes watching stimulus machinations, and to a lessor extent Covid numbers in the States, Europe. Air traffic data are holding the line instead of retreating seasonally. In today’s post please find: the early read on oil inventories (Street sees more draws; we think they are light on the crude […]
. . Market Sentiment Watch: U.S. / China relations may come into more question soon over South China Sea comments, Oil markets focused on OPEC data today and OPEC JMMC recommendation tomorrow, We’re seeing Covid cases in the U.S. noted more frequently in energy related stories now. 15 states and DC issue joint MOU targeting […]
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