July 6, 2020/Cordros Report In our 2020 Mid-Year Outlook, we stated that although we expect a rebound in demand, as major economies emerge from lockdowns, we think this will be gradual and will likely not return to pre-COVID-19 levels before the end of 2021. On supply, we also stated that […]

July 3, 2020/OilPrice.com Oil prices hit four-month highs this week, but bearish sentiment quickly snapped back into place and halted the rally. Friday, July 3rd, 2020 Crude oil hit four-month highs on Thursday, aided by a tightening market and a better-than-expected U.S. jobs report. The caveat is that the jobs […]

July 3, 2020/United Capital Report The global outbreak of the novel Coronavirus in early 2020 precipitated an economic crisis in the sub-Saharan African region as the prices of key export commodities (especially crude oil) of most countries within the region slumped, prompting a panic exit by foreign portfolio investors and […]