Crude Oil prices plunge by 40% as of this morning, the biggest fall since 1991.

MutheeK

Lister
A disagreement between Saudi Arabia and Russia where both have decided to significantly increase production which will flood the international market with crude, but that does not explain the global weak oil demand

CoronaVirus crisis has also caused havoc to the world travel industry which consumes a significant percentage of oil

Or maybe the world recession has finally hit
 
2nd case of the coronavirus reported in Nigeria this time involving a black native Nigerian who had been in contact with the Italian in the 1st case.
Those who were consoling themselves that the black race is immune your self consolation myth just got busted.
 
Back
Top