On Monday, while I was doing my weekly market analysis, I saw something I've never seen before.
For the first time in history, the US WTI (West Texas Intermediate) oil prices crashed below zero.
At first, I thought this was just a glitch on my trading platform. But then, just minutes later, it was the breaking news event of the day.
When I did the research, I realised that the demand f... ››› more
Brent crude has had an abysmal start of the year.
As things stand, the price is hovering around $50 per barrel which is the lowest it's been in over 12 months.
A major, if not ONLY factor, that's resulted in the drop in brent crude is the Coronavirus.
As I write this, the virus has already infected more than 17,000 Chinese people and more than 350 have died. The numbers are rising on... ››› more
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