Oil:
WTI: $98.70. Up 7.2%; up $6.60. Later, 4:44 a.m, CT: $100.13. Up $8.00.
Brent: $104.09. Up 7.5%; up $7.25. Later, 4:44 a.m, CT: $105.83. Up $8.39.
The next SPR release can’t come soon enough. I’m sure the White House will announce the release this afternoon. Speaking of which, has anyone seen or heard from the US president lately?
EU proposes new law to force suppliers comply with ESG. Does this not suggest things are not as bad as they seem? Asking for a friend.
EU calling for more renewable energy.