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home / news releases / ET - The Coronavirus OPEC+ Double Black Swan


ET - The Coronavirus OPEC+ Double Black Swan

In response to the COVID-19 epidemic and the March 9th OPEC+ oil collapse - two Black Swans - the S&P 500 declined 35% between February 20th and March 23rd. With effective behavioral and medical mitigation COVID-19 case rates began to slow, weakening the first Black Swan and decelerating the stock market plunge. The second Black Swan began to mend when the United States helped to resolve the OPEC+ dispute - principally between Saudi Arabia and Russia - over global oil market share. The resolution of this oil collapse has put the

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Stock Information

Company Name: Energy Transfer LP
Stock Symbol: ET
Market: NYSE
Website: energytransfer.com

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