I believe that the NCOV virus (with an R0 of 2 and kill rate of 2-3%, incubation time of 1 week) threatens to spread worldwide AND SHUT DOWN WORLD AIR TRAFFIC and many countries may close off their borders. A single passenger jet flight consumes 36000 gallons of jet fuel, people will stop going to crowded areas and travel less, and trucks will stop running their normal routes. Even a few hundred flight routes being suspended would murder energy demand worldwide. Nothing short of a false flag event by the MIC can save the crude price, cut your losses or take profits now.
Yorum:
I told you so