Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

Skip to comments.

Oil Prices Tumble 4% As Coronavirus Demand Shock Spreads
Oilprice.com ^ | 02-24-2020 | OP

Posted on 02/24/2020 11:03:59 AM PST by bananaman22

Oil prices plummeted by 4 percent early on Monday as the coronavirus spread outside China and Asia, rekindling fears that a protracted global outbreak would impact economic growth and oil demand around the world.

(Excerpt) Read more at oilprice.com ...


TOPICS: Business/Economy
KEYWORDS: coronavirus; economy; oil; oilprices

1 posted on 02/24/2020 11:03:59 AM PST by bananaman22
[ Post Reply | Private Reply | View Replies]

To: bananaman22

Bring on the gasoline with a “1” as the first digit of the price per gallon. (I know some of you already are there).


2 posted on 02/24/2020 11:05:34 AM PST by nascarnation
[ Post Reply | Private Reply | To 1 | View Replies]

To: nascarnation

Oh noes!! A disease is spreading that won’t come close to killing as many people as the flu does this year. Time for some good ole “zombie apocalypse” type panic amongst the markets.

Meanwhile, the illegals coming into this country are bringing back some of the oldies but goodies that were thought long gone. But let’s not panic about that.


3 posted on 02/24/2020 11:15:13 AM PST by FlipWilson
[ Post Reply | Private Reply | To 2 | View Replies]

To: FlipWilson
Meanwhile, the illegals coming into this country are bringing back some of the oldies but goodies that were thought long gone.

Ain't diversity great?

/s

4 posted on 02/24/2020 11:22:10 AM PST by BipolarBob (I asked my cat who his favorite socialist was. He looked at me and said Mao.)
[ Post Reply | Private Reply | To 3 | View Replies]

To: bananaman22

Gas went up a dime here today.


5 posted on 02/24/2020 11:26:20 AM PST by ButThreeLeftsDo (MAGA!!!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: FlipWilson

Such nonsense WABC news is insisting the virus is sending the market down. They are spreading panic just want they want to ruin Trumps economy.


6 posted on 02/24/2020 11:27:57 AM PST by angcat (THANK YOU LORD FOR PRESIDENT TRUMP!!!!!)
[ Post Reply | Private Reply | To 3 | View Replies]

To: ButThreeLeftsDo

It is up here in central PA over last week, maybe 7 cents.


7 posted on 02/24/2020 11:48:45 AM PST by WinMod70
[ Post Reply | Private Reply | To 5 | View Replies]

To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; cardinal4; ColdOne; ...

8 posted on 02/24/2020 12:01:37 PM PST by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
[ Post Reply | Private Reply | View Replies]

To: FlipWilson
😷 flu
9 posted on 02/24/2020 12:11:23 PM PST by JonPreston
[ Post Reply | Private Reply | To 3 | View Replies]

To: bananaman22

4% is not plummetting. A nice drop that will be erased by the annual springtime gas price increase.


10 posted on 02/24/2020 12:15:26 PM PST by I want the USA back (We have sunk to a depth where restatement of the obvious is the first duty of intelligent men:Orwell)
[ Post Reply | Private Reply | To 1 | View Replies]

To: nascarnation

In San Antonio we were at $1.85 last week and by the weekend it was $1.99. Would love to see $1.75 gas.


11 posted on 02/24/2020 12:56:45 PM PST by EQAndyBuzz (Operation Chaos is in play. Repeat, Operation Chaos is in play)
[ Post Reply | Private Reply | To 2 | View Replies]

To: bananaman22

Nope, it’s on Sanders winning big time in Nevada. He’s a threat to the economy and especially medical stocks.


12 posted on 02/24/2020 1:14:54 PM PST by rstrahan
[ Post Reply | Private Reply | To 1 | View Replies]

To: bananaman22

.


13 posted on 02/24/2020 2:15:31 PM PST by sauropod (David Horowitz: “Inside every progressive is a totalitarian screaming to get out.”)
[ Post Reply | Private Reply | To 1 | View Replies]

To: angcat

Just what the media ordered, spread the panic kill the trump economy cause a lower voter turnout to help the rats win in November


14 posted on 02/25/2020 2:20:29 AM PST by ronnie raygun (nick dip .com)
[ Post Reply | Private Reply | To 6 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson