Probably not.

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Mar 30, 2020
2:44:43pm

scootsy Meme Team

Probably not.

Goldman Sachs: Prepare For A Massive Oil Demand Shock | OilPrice.com

Goldman Sachs sees global oil demand plummeting even further in April, dampening the effect of any response from OPEC or its partners

https://oilprice.com/Energy/Energy-General/Goldman-Sachs-Prepare-For-A-Massive-Oil-Demand-Shock.html

This message has been modified

Originally posted on Mar 30, 2020 at 2:44:43pm

Message modified by scootsy on Mar 30, 2020 at 2:44:55pm

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scootsy

Bio page: scootsy
Joined: Aug 5, 2013
Last login: Apr 28, 2024
Total posts: 30,444 (3,334 FO)

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Messages

Author

Time

With oil at an 18yr low, seems like a safe investment now, right?

byuguns55

3/30/20 2:27pm

Wow. Really?

eysikal

3/30/20 2:30pm

Really

byuguns55

3/30/20 2:31pm

Go for it. USO is probably your best straight bet on oil prices.

Heath Squashwell

3/30/20 2:33pm

I know people who could get you invested in essential oils.

Ssebo

3/30/20 2:37pm

Probably not.

scootsy

3/30/20 2:44pm

Maybe but... with storage tanks nearly full and demand down something like 15m bpd.... there is actually talk that oil

HarlemCoug

3/30/20 2:54pm

USO didn't really recover after the '14 oil crisis though. Don't know if I'd bet on it here. And domestic oil production

scootsy

3/30/20 3:00pm

That all depends on how long you expect to hold it to make money. It may go

BW84

3/30/20 3:03pm

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