A negative GDP cuts at the heart of money lending and finance, most models will go broke if it persists.
The effects of a little negetive GDP on worldwide oil demand just means our overall consumption goes back one or 2 years, but the destuction on investment, exploration and alternatives ie supply, is where the damage is.
I guess the SP is the SP, but these stocks should rebound as oil demand persists and supply dwindles.
Hopefull of more bullish figures from the weekly US oil inventories. If they imported less they will be caught badly short.
non renewable resource, page-2
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