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home / news releases / DWT - Coronavirus Update: Energy Equity Markets Battered By Oil Price War As Epidemic Spreads


DWT - Coronavirus Update: Energy Equity Markets Battered By Oil Price War As Epidemic Spreads

The virus is doing what it does. The market does not like it.

Crude oil prices plummeted today on coronavirus-led demand shock and the inability of OPEC (Organization of the Petroleum Exporting Countries) to get a deal to limit daily oil production. The result seems to be an old-fashioned price war.

  • Normally, lower energy and gas prices would be viewed as being good for the consumer as it puts more spending money in their pockets.
  • Unfortunately, this time it is very unclear whether or not consumers will go out to shops or restaurants or will

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Stock Information

Company Name: Citigroup Global Markets Holdings Inc ZC SP ETN REDEEM 15/12/2031 USD 25 - Leveraged Inverse
Stock Symbol: DWT
Market: NYSE

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