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.
Note
T1 hitNote
T2 hit
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.