United States President Donald Trump proclaimed on Thursday his country would “defeat the China virus” as he touted the latest progress made in developing a treatment for the disease. “We have made tremendous strides and have a bounty of… President Trump says he’s “optimistic” that a vaccine will be ready around Election Day, and it …
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The API reported a drop in 8.587 million barrels of crude oil for the period ending July 31. That was far better than the 3.3 million barrel draw forecasted by selected energy analysts. Brent crude prices have continued to converge around the $44 per barrel supported by recent positive macros, coming from emerging markets, that …
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(Bloomberg) — Investors should consider the risk of a successful coronavirus vaccine unsettling markets by sparking a sell-off in bonds and rotation out of technology into cyclical stocks, according to Goldman Sachs Group Inc. The increased probability of an approved vaccine by the end of November is underpriced by equity markets, wrote strategists including Kamakshya …
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As the race for a COVID-19 vaccine heads into the stretch run, scientists are tempering their enthusiasm with caution. The biotechnology company Moderna and the National Institutes of Health have begun Phase III efficacy trials for their vaccine. The University of Oxford and Pfizer are running combined Phase II and III testing for their respective …
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U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 7.4 million barrels from the previous week. At 518.6 million barrels, U.S. crude oil inventories are about 16% above the five year average for this time of year. U.S. crude oil refinery inputs averaged 14.6 million barrels per day during the …
Continue reading “EIA Petroleum Report week ending July 31, 2020”
President Trump Is Not Considering A National Coronavirus Lockdown, McEnany Confirms (Screenshot/YouTube/White House) President Donald Trump is not considering a national lockdown to stop the spread of coronavirus, White House Press Secretary Kayleigh McEnany confirmed Tuesday. Trump and Republicans have long pushed back on the idea of a mandatory national quarantine, citing the federal government’s …
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The American Petroleum Institute (API) reported on Tuesday a draw in crude oil inventories of 8.587 million barrels for the week ending July 31. In the previous week, the API reported a draw in crude oil inventories of 6.829 million barrels, after analysts had predicted a small build. Oil production in the United States has …
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China Fucked you with the virus, now they are kyou with the masks A Food and Drug Administration effort to address a shortage of protective masks has instead opened the floodgates to 3,500 Chinese manufacturers’ selling products of widely varying quality, potentially putting the public at risk and leaving some U.S. states with stockpiles …
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Operation Warp Speed has moved along at a rapid clip. But some people involved in the process fear pressure to deliver an October surprise for President Trump. President Trump has been relentlessly promoting the administration’s vaccine efforts, including during an appearance at a biotechnology laboratory in North Carolina last week.Credit…Anna Moneymaker for The …
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Trump, DeVos and the GOP are doing everything they can to minimize what will be one of the costliest abuses of humanity in the name of political expediency ever perpetrated on American soil. If public schools are forced to open too early under threat of punishment; the physical, psychic, mental, financial and emotional costs will …