Breaking: Markets In Turmoil As Oil Sells For 15 Cents Per Barrel For The First Time In History

By Uche Mbah
Bears are running crazy in international markets as Brent futures crashed below one dollar for the first time in history.
Even the United States is worried about storage as the worst collapse that could have a domino effect on the world economy is feared.
Next week, most companies will be taking stock of their Financial report for the first quarter of the year. Though this will not refect current realities, it may well be that a bigger scene than the 1929 crash may be unfolding.This Magazine had earlier reported today that the oil crash is adversely having an effect on Nigeria. The Nigerian Stock Market has already lost more than N2 trillion in the first quarte of 2020. More details later…