At 1230z today oil prices have dropped over 4%. This is a sure sign of low demand. The FTSI100 stock index has fallen about 1000 points. One UK airline has gone into administration.
UPDATE 1546z: It is now down 6.58%. Recession here we come....
UPDATE 1638z: Now down 8.96%.
UPDATE 2000z: Oil ended the day 9.1% down.
UPDATE 2102z: Oil prices are still falling. At the moment things are still bad.
6 Mar 2020
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