Issued on 19 Mar 20
The liquidity of the investment market has tightened, funds have poured into the US dollar, and the rest of the stock exchange and commodity markets have been generally under pressure. All major sectors in European markets fell across the board, and energy stocks performed the worst. Mainly because New York oil futures slumped by nearly 20%, a new low of more than 18 years. WTI crude oil price drop close to USD22 barrel on yesterday is it a time to buy oil gradually if you're a ship operator??