We lack confirmed information from the CCP, but don't pictures of many older people dying in mainland communist China at least partly from COVID suggest that economic growth there will be adversely affected, and hence demand for oil won't be as great?
If you're at home caring for a sick relative, you cna't be at work and hence manufacturing that uses electricity generated from coal-fired power stations may also see lower demand?
Target $18.72, page-2976
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