www.bloomberg.com/news/articles/2020-03-07/saudi-aramco-slashes-crude-prices-kicking-off-price-war
Hope none of you bought on this “dip”. Oil will continue to drill. Opportunities for a bounce will happen but you will need to be patient while Russia, SA and other OPEC countries go to war against US shale and each other. US Oil companies will fail if this turns out to be a prolonged production boost.
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