Decreasing demand + increasing supply as the world transitions away from fossil fuels.
Corona virus is decreasing demand for airlines/cruise ships/travel companies and therefore accelerating the decline in demand for crude oil.
The decline in crude oil is inevitable. Long term short.
Corona virus is decreasing demand for airlines/cruise ships/travel companies and therefore accelerating the decline in demand for crude oil.
The decline in crude oil is inevitable. Long term short.
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T1 hit
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T2 hit