LogFAQs > #937125347

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Lopen 04/10/20 9:37:21 AM #107:	red13n posted... The stocks went up in reaction to the announcement and then people immediately realized that all they announced was that oil is going to be shit for the foreseeable future. I don't quite get why this follows. If oil production from foreign sources go down domestic demand should increase, right? I mean Corona reducing demand is still going to hurt but shouldn't the announcement (which was only set in stone after the market closed IIRC) help oil? Or am I misunderstanding something? --- No problem! This is a cute and pop genocide of love! <cite>Lopen posted [p:937125347] in Stock Topi... [t:78557039]...</cite> <quote>red13n posted... </cite> <quote>The stocks went up in reaction to the announcement and then people immediately realized that all they announced was that oil is going to be shit for the foreseeable future.</quote> I don't quite get why this follows. If oil production from foreign sources go down domestic demand should increase, right? I mean Corona reducing demand is still going to hurt but shouldn't the announcement (which was only set in stone after the market closed IIRC) help oil? Or am I misunderstanding something? --- No problem! This is a cute and pop genocide of love!</quote> ... Copied to Clipboard!
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