Crude supply ‘dwarfed’ by cuts in demand: oil watcher

Crude supply ‘dwarfed’ by cuts in demand: oil watcher

The oil industry’s inroads to cutting supply are “dwarfed by the by the cuts that we’ve seen in demand,” even as states have re-opened their economies amid the pandemic, says one oil expert. “We’re still running a surplus in supply,” Stephen Schork, The Schork Report Editor told Yahoo Finance. “There simply is not enough demand,” […]
$30,000 a week RV rentals seeing ‘unbelievable’ demand

$30,000 a week RV rentals seeing ‘unbelievable’ demand

Forget Italy or the Maldives. This summer it seems everyone is hitting the open road. RV dealers across the country are reporting high demand as people look for a way to travel and stay socially distant. The RV lifestyle can be an affordable alternative to booking...
Demand for fractional shares booms as stock market surges

Demand for fractional shares booms as stock market surges

If you wanted to throw $200 into Amazon stock (AMZN) a few years ago because you saw a UPS guy with nothing but brown boxes with blue tape, you’d have been annoyed.  The stock, which cost $1,700 per share two years ago and is over $2,600 now, had a sticker price of...