Why Oil Prices Dropped To Negative Rates

Why Oil Prices Dropped To Negative Rates

Oil prices dropped negative yesterday the the oil market is reeling. What does the drop in oil price mean for the global economy. Th price of oil is affected by supply and demand. The demand for oil is low causing the supply to increase and the price of oil to nose dive. With oil prices negative does this mean there is opportunity and are there oil stocks to buy? With an oil war going on with Russia and the Saudis I would watch oil futures closely.

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