Not Really Here
kiwifarms.net
- Joined
- Dec 17, 2019
It's not much of a fight as neither has increased production.One thing to consider is this slap fight between Russia and Saudi Arabia. Exxon Mobile has taken a fucking beating and lost over half their value since that shit started. Once that feud and the Corona shit is done, I'd expect them to bounce back.
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This oil dip is mostly China not buying while they were in quarantine. It's staying low for now because the rest of the world (that has money to buy oil) is either closed or nearly closed.
