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The State of the Energy Markets

Released on Wednesday, May 13, 2020COMMODITIES
The global energy markets are under attack from all sides. The price of oil has moved lower by 50% since the start of the COVID-19 crisis. It's estimated the demand destruction from the pandemic could end somewhere between 20-30 million barrels per day removed from the market. At the same time, the Saudis and Russians are locked into a price war, determined to flood the global markets with oil.


Stephen Schork
The Schork Group, Founder

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