10-05-2022, 08:08 AM
(10-05-2022, 06:29 AM)sgbuffett Wrote: Energy is main culprit.
Anyway looks like USA has many many problems popping up.
Expect more plunge and collapse.
It's supply and demand. Supply chain affected by China lockdown. Supply affected. Countries opening up, demand increased. Oil price is due to Ukraine war. Of course Ukraine war also affected supplies of other materials not just oil.