Site icon

Podcast: The Crash In Oil Global Implications (With J.P. Sottile) – Mike Swanson (04/27/2020)

The price of oil has crashed this week and fell so low that the futures price for WTI went negative! I see this as a sign of a demand collapse and deflation for the moment in the economy, but beyond the markets and the US economy there are also geopolitical implications in the price drop. In this podcast I talked with J.P. Sottile of as he just put out a very interesting post on this very topic you can find here.

Is oil kicking the bucket? Can Saudi oil princes survive now?


Exit mobile version