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Strategies & Market Trends : Dino's Bar & Grill
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To: Goose94 who wrote (76411)2/4/2020 12:30:49 PM
From: Goose94Read Replies (1) of 203026
 
Crude Oil: WTI fell below $50 per barrel during intraday trading on Monday, as fears of a major shock to global demand continue to grow. Bloomberg reported that China’s oil consumption is down by 3 mb/d, or 20 percent, at least as of now. Millions of people are quarantined and thousands of flights have been cancelled. Oil prices rebounded on Tuesday as OPEC+ began considering more aggressive action to head off a disastrous surplus.
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