More MSM fear mongering : Oil prices drop amid supply glut, *MSM-HYPED* fears of a second coronavirus wave

[Tom Kirkman + 8,860]

Really getting tired of the Mainstream Media's never-ending onslaught of  COVID  DOOM  PANIC  DEATH  DISASTER  PANDEMONIUM  hyperventilating, being inserted into every damn story.

Western MSM fervently creating, shaping and pushing the PANIC narrative, and moving the goalposts toward panic again any time there is some good news. 

MSM is the virus infecting the world.

 

Oil prices drop amid supply glut, fears of a second coronavirus wave

Oil prices fell on Monday as concern over a persistent glut and economic gloom caused by the coronavirus pandemic combined to cancel out support from supply cuts at some of the world’s top producers.

Brent crude futures were down 29 cents, or 0.9%, at $30.68 a barrel by 0431 GMT, while U.S. West Texas Intermediate crude futures fell 17 cents, or 0.7%, to $24.57 a barrel.

Both benchmarks have notched up gains over the past two weeks as countries have eased business and social lockdowns imposed to cope with the coronavirus and fuel demand has rebounded modestly. Oil production worldwide is also declining. 

But possible signs of a second wave of coronavirus infections in northeast China and South Korea worried investors even as more countries started to pivot towards easing pandemic restrictions in moves that could support oil demand.

Goldman Sachs analysts said there was still concern that demand will stay weak in 2021, with worries about a second wave of Covid-19 cases and only a modest increase in personal or corporate travel.   ...

 

[Boat + 1,324]

It took over 4 months for doom to reach the White House. They decided to wear masks. 🙃