Oil Demand by Sector

Oil Demand by Sector It may take a while for oil demand to rebound, as cars and trucks account for 40% of oil demand. Image: Deutsche Bank Global Research

Earnings and U.S. Unemployment During Recessions

Earnings and U.S. Unemployment During Recessions On average, a recession lasts 11 months, earnings decline by 26.5%, nominal GDP falls by 1.9%, and the unemployment rate peaks at 7.5%. Image: LPL Research

WTI Crude Oil Plunges Below Zero

WTI Crude Oil Plunges Below Zero This chart shows the price of WTI crude oil below zero for the first time in history. Image: Financial Times

Breakeven Prices for Existing U.S. Oil Wells

Breakeven Prices for Existing U.S. Oil Wells Breakeven prices for existing U.S. oil wells highlights that the current WTI oil price is too low for oil companies to make a decent return. Image: Federal Reserve…

S&P 500 and 3-Month VIX vs. VIX

S&P 500 and 3-Month VIX vs. VIX The VIX3M vs. VIX has not confirmed the current rally and still remains below 1.0 in a sign of risk aversion. Image: BofA Global Research