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Sunday, August 8, 2021

Supply - Demand Imbalance -- Covid-19 -- August 8, 2021

Updates

Later, 8:09 p.m. MT:  Sunday night, oil is "selling off." WTI drops below $67. Down over 2%, now trading at $66.80.

Original Post 

Again, the tea leaves keep suggesting ....

... see the recent Devon post.

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Covid-19

The bigger problem is that the guy celebrating his birthday should be setting an example. Completely neutralizes any comments from Dr Fauci regarding Sturgis.