OTCPK:ICPVF - Post by User
Comment by
Seppelton Mar 31, 2020 7:00am
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Post# 30863113
RE:This is what blood in the streets looks like
RE:This is what blood in the streets looks likeI don’t read oilprice.com. This author in particular, Nick C, wrote some nasty anti oil and gas and anti pipeline articles in the past. Reuters coverage of commodities is good enough for me but nobody took Coronavirus seriously when it begun in China back in December or even in January and February, not until markets crashed in March.
What Saudi and Russia do is unpredictable and often pure speculation. COVID-19 is the main issue and it may get worse before it will get better. There is plenty of daily stats and media coverage about the virus, a lot more valuable information than reading oilprice.com.
Yes, life has to return to normal. Until then, there will be a lot of volatility in the oil market and the fear or the question is who can and will survive and who will not.