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A recession will depress oil prices all by itself. Plus dramatic reduction in air travel and now people teleworking (reduction in domestic fuel consumption). Ch
by Robotbeat 7y ago
A recession will depress oil prices all by itself. Plus dramatic reduction in air travel and now people teleworking (reduction in domestic fuel consumption). China has reduced output a lot, restricted movement (work from home), and exported less stuff, meaning less shipping and train oil consumption the world over.