demand

New Lockdowns In Europe Put The Brakes On The Oil Demand Rebound

Authored Tsvetana Paraskova via OilPrice.com, Road traffic and transportation fuel demand in most of Europe at the start of 2021 is likely at its weakest since the end of the first lockdowns in the late spring, according to Bloomberg estimates and analysts, as more people stay at home with renewed lockdowns to fight soaring COVID-19 cases. Despite…

Oil Algos Confused By Crude Draw, Major Product Build, Weak Demand

After ramping notably overnight (after API reported a big surprise crude draw), WTI tumbled back below $53 this morning as the dollar strengthened, and as Bloomberg reports, even with Saudi Arabia’s pledge to unilaterally cut oil output, the supply picture remains precarious. Oil inventories for the Organization for Economic Co-operation and Development are 160 million…

Stellar Demand For 10Y Auction As Shorts Squeezed

After yesterday’s mediocre, record-large 3Y auction there was some consternation that today’s issuance of benchmark 10Y notes (in the form of a 9-year 10-month reopening of cusip AC3) would be met with less than stellar demand especially following today’s blowout in rates. Well, not so fast, because as we noted ahead of the auction, with…

Parler Faces Extinction As Amazon Employees Demand AWS Stop Hosting

A coalition of Amazon corporate employees have demanded that the Seattle-based megacorp kick Parler off the Amazon Web Services (AWS) platform unless ‘posts inciting violence’ are removed, which would force the Trump-friendly Twitter competitor to find another host. According to CNBC, an employee advocacy group – Amazon Employees for Climate Justice – said in a…

China Power Demand Hits Record As Polar Vortex Split Pours Arctic Air Into Region

The Beijing meteorological station recorded one of the coldest temperatures in decades this past week, sending power demand through the roof.  Lei Lei, the chief forecaster for Beijing meteorological station, told China Daily that the first cold wave in 2021 features a “dramatic temperature drop,” “significant wind-chill effect,” and “prolonged period of low temperature.” On Jan. 7, Beijing…

UK Demand For Electric Cars Soars Despite COVID Crisis

Reacting to the latest new UK car registration figures from SMMT today, Chief Executive Mike Hawes said: “2020 will be seen as a ‘lost year’ for automotive, with the sector under pandemic-enforced shutdown for much of the year and uncertainty over future trading conditions taking their toll.” Despite the clear crisis the Covid-19 pandemic has caused for…

2 Minnesota Lawmakers Say State's COVID-19 Deaths Inaccurate, Demand Nationwide Audit

Authored by GQ Pan via The Epoch Times, Two Minnesota legislators who believe their state’s COVID-19 death count is inaccurate are calling for a nationwide audit to find out how many people died from something other than the CCP (Chinese Communist Party) virus but were added to the pandemic death totals. Republican State Rep. Mary Franson said she has enlisted a…

Demand For Second Passports "Skyrockets" By 50% Amid Covid Travel Restrictions

Demand for second passports, citizenships and overseas residencies amid the global Covid pandemic has “skyrocketed”. A release out earlier this month from deVere Group, one of the world’s largest independent financial advisory firms, said that the lockdowns and travel restrictions have driven up demand for second passports and the like by more than 50% year…

Saudis Demand To Be Consulted Before Biden Reenters Iran Nucleal Deal

After President-Elect Joe Biden told The New York Times this past week that should Iran return to compliance to the 2015 nuclear deal (particularly caps placed on enrichment) he’ll return the US to participation in the Obama-era agreement, the Saudis have registered their alarm. Saudi Arabia’s top diplomat said Saturday that Washington must consult the kingdom and Gulf state…

These Are The Hypocritical Government Officials Who Demand You Stay Home While They Party

Authored by Daisy Luther via The Organic Prepper blog, Little is more annoying than seeing a wealthy government official solemnly telling you to stay home, forgo time with your family, and stop working while losing tons of money in missed wages. Well, except for one thing. It’s more annoying when that government official is telling…

Students At UK University Demand The Word “Black” Be Banned From Lectures & Textbooks

Authored by Paul Joseph Watson via Summit News, Students at Manchester University have demanded that the word “black” when used as a negative expression such as the word “blackmail” should be banned because it is “divisive.” Yes, really. The complaint was prompted by a university study surround issues affecting Black, Asian and Minority Ethnic (BAME)…

“Absolutely Crazy” – Sub-Zero Freezer Demand Erupts Ahead Of Vaccine Distribution 

Demand for sub-zero freezers has erupted over the last month following encouraging COVID-19 vaccine developments from Pfizer and the German firm BioNTech. The Pfizer-BioNTech vaccine has to be stored at -70 degrees Celsius – standard commercial freezers don’t get that cold – forcing many hospital systems across the country to panic buy these special freezers…

Record Big 30Y Auction Tails Despite Rebound In Foreign Demand

A record refunding week just concluded when the Treasury sold $27 billion in 30Y bonds – which as with this week’s 3Y and 10Y auctions, was the largest amount of 30Y paper ever sold by the US Treasury at one time. The auction stopped at 1.680%, tailing the When Issued by 0.6bps, and the highest…

UK Demand For Electric Cars Soars Despite COVID Crisis

Reacting to the latest new UK car registration figures from SMMT this week, Chief Executive Mike Hawes warned: “When showrooms shut, demand drops, so there is a real danger that with England today entering a second lockdown, both dealers and manufacturers could face temporary closure. What is not in doubt, however, is that the entire industry now…

Climate ‘Experts’ Demand Tax-On-Meat To Fight Global Warming

The UK Health Alliance on Climate Change (UKHACC) urges the UK government to impose a climate tax on food producers by 2025 – unless private industry takes voluntary measures to limit their carbon emissions.  In the report published on Nov. 4, titled “All-Consuming: Building A Healthier Food System For People And Planet,” UKHACC outlines that the climate…

Foreign Demand Unexpectedly Plunges For Record Big 3Y Auction

There were two ways to read today’s 3Y auction. As refunding got off to a start with today’s auction of a record big $54 billion in 3Y notes, an amount that is more than double the average 3Y auction in the 2015-2017 period… … the headline results were not bad: the auction priced at a…

New Michigan Bill Could Make It Illegal For Companies To Demand Microchip Implants for Workers

By Mayukh Saha Many employers across the globe are moving towards microchip technology to keep track of employees. They often forcefully microchip employees to track their activity and inactive hours. The Michigan House passed a bill in June to make microchipping a voluntary option for employees. Lenawee County’s Representative, Bronna Kahle, sponsored the bill. Kahle…

Nintendo Boosts Forecast 50% As “Stay At Home” Video Gaming Demand Skyrockets

By Tyler Durden While most “stay at home” stock focus during the pandemic has been on names like Zoom, Slack and Pelton, it seems the video game industry has snuck past many “mainstream” analysts’ radar. But that doesn’t necessarily mean that these stocks aren’t worth paying attention to. In fact, well-known financially conservative video game…

Over Half Million Australians Demand Investigation Into Rupert Murdoch’s Media Empire

By Tyler Durden Over 500,000 Australians have demanded their government investigate the dominance of Rupert Murdoch’s media empire, after signing a petition launched just over three weeks ago by former Aussie Prime Minister Kevin Rudd. According to CNN, the petition calls for a Royal Commission – the country’s highest form of public inquiry – to…

Huge Islamist Protests In Bangladesh & Indonesia Demand Governments Sever Ties With France

Monday witnessed demonstrations unprecedented in size by hardline Muslims in Bangladesh as tens of thousands flooded the center of Dhaka, the capital city. The country’s largest Islamist group, Hefazat-e-Islam, is pressuring the government to sever all diplomatic and economic ties with France over accusations that President Emmanuel Macron made ‘anti-Islamic’ statements after recent terror attacks wherein he condemned “Islamist…

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