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10Dec2020 Market Close: Oracle Stock Sinks Despite Earnings Beat, Wall Street Closes Mixed, DOW Closes Down 70 Points, Nasdaq Up 0.5%, WTI Settles Fractionally Down At 46.87


Walmart prepares to administer COVID vaccines at stores across the US (SPY -0.03 flat). US plans to ship 2.9 million COVID vaccine doses as early as the end of this week.
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Is This The Worlds Next Major Driver Of Oil Demand?
The energy industry has been plagued by the sharp and deep drop in oil demand for months, and the outlook does not look too good eitherwith or without vaccines. Traditionally, China has been the one bright spot on the global map as the large consumer that is always thirsty for crude. Now, there appears to be another driver of hope for oil demand: Brazil. The biggest country in South America has been one of the most severely affected by the coronavirus pandemic, but unlike other places that suffered mass infections, this has not harmed fuel ....

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