From Supply Glut to Energy Shock
By James J. Puplava, CFP®, CTS™
May 18 – Oil demand dropped from a record peak of 100 mbd reached in 2019 to a recent low of 70 mbd. Decades of demand growth were wiped out quickly in a single month. Nothing in the history of oil can compare to the events we have witnessed…
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Source: https://www.financialsense.com/blog/19608/supply-glut-energy-shock?utm_source=blog&utm_medium=rss&utm_campaign=content
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