Thread: Official (Alberta) Oil Discussion Thread
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Old 04-19-2020, 08:48 PM   #5237
Fozzie_DeBear
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Originally Posted by Frequitude View Post
COVID-19 has led to massive demand destruction. O&G is getting pummeled from both sides.
Exactly...current demand is down something like 20m barrels a day. And even with restrictions lifted demand will increase slowly especially jet fuel.
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