Official unemployment numbers are skewed and do not represent the truth about unemployment
WASHINGTON, D. C. – We have been hearing that the unemployment rate is getting less and less since the economy has reopened af...
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Ocean Freight Volumes See a Rising Tide
Things seem to be turning around for the world’s ocean carriers. On Wednesday, the CEO of AP Moeller – Maersk announced that c...
OPEC+ Poised to Reduce Oil Supply Cuts
Members of the Organization of Petroleum Exporting Countries will meet on Wednesday, and it is widely believed that they will agree...
Oil Prices Slide on Second Surge Fears
Oil prices are slipping again on coronavirus fears. West Texas Intermediate crude dropped to nearly $35.00 per barrel on Monday morn...
OPEC+ Agrees to Further Supply Cuts to Prop Up Prices
OPEC+ countries have agreed to extend the current level of oil supply cuts for another six weeks. Last week, the 23 country alliance...
Oil Rallies On Potential Supply Cut News
Oil prices continued to climb on Tuesday, on the hope that the Organization of the Petroleum Exporting Countries, or OPEC, will cont...
Oil Storage Capacity is Not Maxing Out
One month ago, a benchmark oil price collapsed. Futures of West Texas Intermediate crude dropped to -$40.32, before leveling off at...
Oil Rebounds After Another Big Drop:
Oil has been on a rollercoaster ride since Covid-19 swept through the nation, stifling demand by up to a third each day. West Texas...