• Pete

Just When You Thought You Had Seen It All

I thought I had when I reported on crude at mid-day, a 35% drop overnight? Well I certainly was wrong. Negative futures pricing on a deliverable product? Check out this Bloomberg article. It explains it much better than I can.

https://www.bloomberg.com/news/articles/2020-04-19/oil-drops-to-18-year-low-on-global-demand-crunch-storage-woes?fbclid=IwAR2DQu_1_1leuEysDa3BI44cCt-nCKn4z_NJVKoWA_a3dhsvD1B7m3GgWL0

2 views0 comments

Recent Posts

See All

Huge Spike in Consumer Prices.

A 6.2% spike in consumer prices is most in 30 years. Read more here https://www.cnbc.com/2021/11/10/consumer-price-index-october.html?__source=newsletter%7Cbreakingnews

Weekly Claims Still Moving in the Right Direction

Weekly claims better than expected and looking pretty good overall, check out the details! https://www.cnbc.com/2021/11/04/us-weekly-jobless-claims.html?__source=newsletter%7Cbreakingnews