RE:RE:Coronavirus growing exponentially outside of ChinaThe point is this virus is now entrench in a section of Europe so it is likely to spread. Southeast Asia infection rates has gone exponential. There’s nothing to suggest it’s going to be contained any time soon. Look at this link at the infection rate outside of China. It has clearly gone exponential. Commerce and energy consumption is going to be affected in a serious manner.
Imo Brent goes below WTI soon and oil finds a home in the $40’s for quite some time. If this virus becomes pandemic in North America then the $40’s may prove optimistic.
https://mobile.twitter.com/jodigraphics15/status/1231597676640247809 EstevanOutsider wrote: Obviously Iran being at the heart of the global economy sends extra shivers down my spine. Not sure if the world can survive while Northern Italy is in shutdown mode. Korea, for sure, a little more important.