The Pomp Letter
The Pomp Letter
Are Bankruptcies In The Oil Industry A Sign Of What Is To Come?
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Are Bankruptcies In The Oil Industry A Sign Of What Is To Come?

To investors,

The significant drop in oil prices this year remains one of the most fascinating events in the economic shock. As a reminder, the spread of COVID-19 slowed the global economy to a halt, which led to a drastic drop in oil demand. People did not need to fly, drive, or travel because they were sitting at home. Businesses experienced similar is…

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