Published on: March 27th, 2020 • Duration: 55 minutes
In a world that isn’t moving, the price of oil is likely to move in only one direction – down. As global producers continue to flood the market, we are increasingly facing a situation in which not only are we awash in oil, but are actually running out of places to store it. This is a crisis unlike any other, and, as things deteriorate, the ugly side of markets, international relations, and geopolitics will begin to emerge. To help us better understand the complicated nature of this market and what these low oil prices could mean moving forward, Tracy Shuchart, a wildly successful independent trader that specializes strictly on energy markets, will be joining us on Real Vision Live as we continue to cover the latest market moving events in the time of COVID-19.
