G-20 nearer to a deal on minimum corporate tax rate (SPY +0.5%). Big oil set to return to profit in 2021 and the WEI index improved again.
The Market in Perspective
Here are the headlines moving the markets.
Big Oil Set To Return To Profit In 2021 Vitol, Shell and Exxon are all expected to announce profits in Q1 2021 following a turbulent 2020. The three companies are profiting from increased oil demand and a rise in oil prices, giving analysts hope for a strong year in oil and gas. Shell announced this week that it expects to make its first profit from oil production in the first quarter of 2021 since the beginning of the Covid-19 pandemic. The company s upstream unit, which mainly manages crude exploration and production, has gained from the surge in oil prices over the past
The Rebel to Rabble Review: Anti-lockdown protests, mask exemptions
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Corduroy Restaurant s liquor licence suspended after defying health orders
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A video out of Vancouver shows diners chanting “get out!” as health officials try to shut down a restaurant that opened in violation of COVID-19 lockdown laws.
The clip shows a pair of health officials talking to Corduroy Restaurant owner Rebecca Matthews as she tells the bureaucrats they are trespassing before asking them to leave.
At first, the health officials refuse to leave but their behavior soon changes when the rest of the diners begin to chant “get out!”
Yep, all it takes is for everyone to say “no”, or in this case “get out” ❤️ pic.twitter.com/SxUTmlUOQo Right Said Fred (@TheFreds) April 7, 2021