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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (82744)4/21/2020 7:53:37 AM
From: Goose94Read Replies (1) | Respond to of 202706
 
Crude Oil: After yesterday’s historic slide into negative prices, the WTI crude contract for May delivery has spent some time in positive territory this morning ahead of its expiry. The far more heavily-traded June contract has been down more than 40 per cent in early trading amid the great unknown of when COVID-related lockdowns will end. “You need demand to come back,” energy economist Jan Stuart told us yesterday afternoon. “You tell me when the public schools will open in California, or New York, or Toronto, and I’ll tell you when demand picks up.” We’ll continue chasing industry and investor insight on the Canadian energy sector’s coping strategy and the implications for the economy, and we look forward to speaking with Natural Resources Minister Seamus O’Regan this afternoon. BNN.ca