yes but reports are now coming out the john kerry met with saudi leaders over the summer and asked them to ramp up production so as to drag down prices and inevitably hurt russian and iranian interests
oil has always been linked to politics
the recent market sell off is more concerning than the one in october as that was about the hysterical reaction to the ebola virus , hence why airline stocks tanked , it only took two weeks for markets to rebound to where they were back then , cant see it happening so quickly this time round
It seems to be a general market fall because oil is back on a downward path. Financial may be taking a hit because somewhere in the system losses will acrew. It's contagion, a bit like the mortgage debt security's that infected the whole banking system a few years ago.
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