How a Virus Crashed the Oil Markets and destroyed BILLIONS | Planet Finance | FD Finance
FD Finance
79,710 views
Free Oil | Planet Finance | FD Finance
Watch' Planet Finance E03 Fortune Seekers' here: Video
Watch all Episodes of Planet Finance here: Video
Planet Finance sets the global market prices for countless commodities: grain, gold, and crude oil among them. Oil is always in demand, and its price is constantly fluctuating. But during the early days of the COVID-19 pandemic—amid widespread lockdowns—demand for crude oil suddenly vanished. Traders were left holding their "liquid gold," as oil wells continued to pump relentlessly. With onshore storage quickly filling up, the surplus oil had to be stored in tankers at sea. The world’s oil reserves drifted aimlessly across the oceans, while tanker crews found themselves trapped in floating "isolation stations," waiting for prices to recover so the oil could finally be sold.
But then, the unthinkable happened: for a brief moment, a barrel of oil was worth nothing—a historic and unprecedented event. How could a market on Planet Finance spiral so far out of control, and what are the consequences for life on Planet Earth?
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Welcome to FD Finance - Your gateway to the fascinating realms of finance! Immerse yourself in our collection of high-quality financial documentaries, providing not only informative insights but also revealing the stories and backgrounds behind the intricate world of finance.
Join us on a journey through the dynamics of the financial world. From historical events shaping the markets to the latest developments and trends – here, you'll gain firsthand knowledge of it all. Understand the complex interplay of the global economy. Follow us behind the scenes of the finance industry: Gain exclusive glimpses into the world of financial institutions and personalities influencing the economy. Our documentaries shed light on the backgrounds and stories often hidden behind headlines.
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20 Comments
It’s energy🫵
If you buy a Stock.... you should share in the RESPONSIBILITY as well.
The collapse of the AMOC;
The melting of the ice sheets and corresponding sea level rise;
The weakening of our Magnetic field, letting more sun flares, solar winds and CMEs hit earth with greater force;
The Pole Shift and Magnetic Excursion.
All take time.
I hope to live another 40 years, and although I am a Prepper, I concern myself more with immediate threats.
Fire in my building accidentally caused by another tenant;
Taking precautions against Wildfire smoke, which Alberta both creates and endures every summer now;
And, I prepare for intermittent Grid Down occurrences.
But, I believe the worst of it won't happen in my lifetime.
So I won't have to see my grandchildren suffer. 🇨🇦
How a Virus Crashed the Oil Markets and destroyed BILLIONS | Planet Finance | FD Finance
FD Finance
79,710 views
Free Oil | Planet Finance | FD Finance
Watch' Planet Finance E03 Fortune Seekers' here: Video
Watch all Episodes of Planet Finance here: Video
Planet Finance sets the global market prices for countless commodities: grain, gold, and crude oil among them. Oil is always in demand, and its price is constantly fluctuating. But during the early days of the COVID-19 pandemic—amid widespread lockdowns—demand for crude oil suddenly vanished. Traders were left holding their "liquid gold," as oil wells continued to pump relentlessly. With onshore storage quickly filling up, the surplus oil had to be stored in tankers at sea. The world’s oil reserves drifted aimlessly across the oceans, while tanker crews found themselves trapped in floating "isolation stations," waiting for prices to recover so the oil could finally be sold.
But then, the unthinkable happened: for a brief moment, a barrel of oil was worth nothing—a historic and unprecedented event. How could a market on Planet Finance spiral so far out of control, and what are the consequences for life on Planet Earth?
▬▬▬▬▬▬▬▬▬
Subscribe Fd Finance for free: https://bit.ly/FD_Finance
Facebook: https://bit.ly/2QfRxbG
Instagram: Instagram: endevrdocs
▬▬▬▬▬▬▬▬▬
#FreeDocumentary #FDFinance #Planetfinance
▬▬▬▬▬▬▬▬▬
Welcome to FD Finance - Your gateway to the fascinating realms of finance! Immerse yourself in our collection of high-quality financial documentaries, providing not only informative insights but also revealing the stories and backgrounds behind the intricate world of finance.
Join us on a journey through the dynamics of the financial world. From historical events shaping the markets to the latest developments and trends – here, you'll gain firsthand knowledge of it all. Understand the complex interplay of the global economy. Follow us behind the scenes of the finance industry: Gain exclusive glimpses into the world of financial institutions and personalities influencing the economy. Our documentaries shed light on the backgrounds and stories often hidden behind headlines.
Subscribe to FD Finance and never miss a captivating financial documentary.