Go to homepage

05.03.2020

Market commentary on heating oil 05.03.2020

marktkommentar_heizoel_997_600

The world (and the global economy) remains in a state of shock due to the coronavirus. Even though new projections are constantly being made, it is still virtually impossible to predict what consequences to expect or when a relative sense of normality might return. Meanwhile, OPEC and Russia are still struggling to reach an agreement on production levels.