SPXE - Investing Thoughts On The Frontlines Of Isolation: With Former Fed Leader Insights
The stock market has been a strange reflection of and reaction to the unfolding of the coronavirus pandemic -predominantly displaying volatility and uncertainty. Oil markets have been particularly volatile given the conflict between Saudi Arabia and Russia, which resulted in production increases at the wrong time amidst continued demand destruction, and now finally an agreement by OPEC+ and others to cut oil production by about 10 million barrels per day. U.S. producers in Texas are attempting to curb production, with Pioneer Natural Resources (PXD) and Parsley Energy (PE) appealing to the