Post
Topic
Board Economics
Re: Collapse of crude oil prices
by
Jaspion
on 06/05/2020, 02:18:39 UTC
It is quite predictable due to Global lockdowns caused by this pandemic. The demand is low but after this crisis I believe that it would go back to its normal phase. Slowly but surely.
Will it go back tho?
People's habits have been changed during lockdown, companies have been damaged, some of them closed, other ones adapted to situation and started to work remotely.
But overall I believe this situation will push humanity to go away from oil