Oil Demand Destruction Is Here Amid Ukraine War, JPMorgan Says

  • Date: 25-Mar-2022
  • Source: Yahoo News
  • Sector:Oil & Gas
  • Country:Gulf
  • Who else needs to know?

Oil Demand Destruction Is Here Amid Ukraine War, JPMorgan Says

(Bloomberg) -- Commodities markets have a well-worn saying that “the cure for high prices is high prices.” According to JPMorgan Chase & Co., the process may just be starting to happen in oil.

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