There’s more going on in the oil market than just a drop in demand. Here’s what else is causing the massive volatility…
Sunday night, oil futures opened up hours ago up almost 12% and then crashed and have gotten down to as low as 6%. This is a lot of volatility for the oil market in only a few hours.
The OPEC+ meeting is delayed and Putin is lobbing verbal moltov cocktails at the Saudis accusing them of intentionally increasing oil production just to try to kill US shale oil again.
Commit to tipping us monthly for our hard work creating high level, thought provoking content that includes interviews with top experts, analysis and short videos about investing and the economy https://www.patreon.com/wallstformainst