OIL From the Washington Examiner, Daily on Energy FEAR AMONG PRODUCERS THAT OIL RALLY IS FRAGILE: Some oil industry officials and analysts worry the mini-recovery of prices to above $30 per barrel is fragile and not sustainable. “It’s a very dangerous time,” said Frederick Lawrence, an economist with the Independent Petroleum Association of America, a lobbying group representing small oil … read more

News of the Day:   Coronavirus update: Moderna targets vaccine approval by year’s end as reopenings continue OIL Oil jumps 12% to $33 as June futures contract nears expirationOil & Gas 360, May 18, 2020 West Texas Intermediate for June delivery jumped more than 12% on Monday to a two-month high, one day ahead of the contract’s expiration, as production cuts … read more

OIL From the  Oil & Energy Insider, OilPrice.Com, May 15, 2020: Oil prices appear to be rising relentlessly, with WTI bouncing above $28 per barrel, nearly at a two-month high. Market sentiment has been gaining steam as supply shut-ins mount and demand begins to come back. Still, the risk of another wave of coronavirus infections presents a major risk to … read more