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Asia ramps up coronavirus curbs as new clusters erupt
Author: BlondelBland
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Asia ramps up coronavirus curbs as new clusters erupt
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Weekly Fundamentals – Energy Prices Rallied on Hopes of Improving Fundamentals
Energy prices extended recent rally amidst hopes of better demand/supply balance ahead as well as US dollar’s weakness across the board. However, we doubt if the strength is sustainable as execution of the OPEC-Russia output freeze plan remains challenging. The market turned more optimistic over the oil market outlook US fuel demand rose while crude inventory increased less than expected.
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Weekly Fundamentals – Energy Prices Rallied on Hopes of Improving Fundamentals