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1/x In an effort to understand the #OilPriceWar I dug a bit. Here is what I found & another resource thread for any students that are not in school & would like to learn a bit on #markets. #ResourceThread
A. It. began with the #Corvid19 = ⬇️ demand.
nytimes.com/2020/03/02/bus…
A. It. began with the #Corvid19 = ⬇️ demand.
nytimes.com/2020/03/02/bus…
2/x The #Corvid19 -> ⬇️ Dem. to level this ⬇️prod.
B. V. much like the rhyme there was an old woman who swallowed a fly, shell, and a host of other holiday spin offs, the⬇️ demand, would have resulted in a price crash. See #oilprice metrics.
investopedia.com/articles/inves…
B. V. much like the rhyme there was an old woman who swallowed a fly, shell, and a host of other holiday spin offs, the⬇️ demand, would have resulted in a price crash. See #oilprice metrics.
investopedia.com/articles/inves…
3/x #Oilprice is complex, here is a site that show some price charts that may be of interest. Here you can create your own dashboard.
eia.gov/beta/states/da…
eia.gov/beta/states/da…
