By Mark Rossano
Summary
- U.S. Frac Spread and Pricing Update
- The Rise of Product/Oil on a Global Level in Charts
- OPEC+ Shifts Won’t be Enough to Balance the Market
- Economic Data is Mixed in the U.S with Some Bright Spots
- Retail Sales Show a Consumer with Pent Up Demand- But is it Real?
- Industrial Production Remains Weak as Transportation (CASS Indexes) Point to Weakness
- Central Banks Can’t Stop Won’t Stop
- China/India Situation Remains Fluid- But Will Get Worse
- COVID Remains a Real Threat to Oil Demand Globally
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