oil price stays high will stay high because Asia countries continuing subsidize the gas price. Which created huge opportunity for arbitrage.
These countries bled so badly yet reluctant to change course because their governments are so afraid of the subsequent recessions. The standstill will lead to the total collapse eventually. So folks, if you have mutual fund or etf which heavily invests in developing countries, look out.
As for the oil, the price will be halved simply because nobody can afford it.
These countries bled so badly yet reluctant to change course because their governments are so afraid of the subsequent recessions. The standstill will lead to the total collapse eventually. So folks, if you have mutual fund or etf which heavily invests in developing countries, look out.
As for the oil, the price will be halved simply because nobody can afford it.
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