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Passion to Perform
An exceptionally rough day for the oil sector – and broader markets in general – as the lockdown lambaste wholly flipped the reflationary narrative.
With the virus again rampant, lawmakers are left with little choice besides locking down and letting economic danger re-emerge from the dark of curfews.
Damage done as Covid-induced downward spiral accelerates; Oil shifts closer to a tipping point; Traders tread lightly for fear of being fooled (again).
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