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4 comment(s). Last comment by TrippleZ 2020-04-24 00:25
Posted by laychee > 2020-04-14 11:23 | Report Abuse
If he keeps on pushing it, he will succeed. If he stops advertising, oil price will drop.
Posted by Treasure_stalker > 2020-04-24 00:12 | Report Abuse
if there is a overproduction leading to excess storage, and directly affected the price of the crude oil to go negative. why cant they just stop producing? will there will any cost incurred if they stop ?
Posted by TrippleZ > 2020-04-24 00:25 | Report Abuse
Oil is trading at negative value but it doesn't mean oil producers supplying it at negative value. They will continue to pump oil as long as there are buyers.
No result.
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CS Tan
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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Posted by qqq33333333 > 2020-04-14 11:15 | Report Abuse
1 billion barrels.............that is the lost consumption in 1 month due to the virus........................