Chapter
Economic Impact of Coronavirus and Oil Price War
19:41 - 23:17 (03:36)
The ongoing oil price war and the coronavirus pandemic have led to a major economic impact on oil-dependent nations such as Saudi Arabia and the United States, possibly causing severe damage to their economies.
Clips
With the majority of people staying inside due to COVID-19, there has been a drastic decrease in oil consumption, causing the price of gas to plummet, which has led to a decrease in the amount of gas taken from the ground.
19:41 - 20:38 (00:56)
Summary
With the majority of people staying inside due to COVID-19, there has been a drastic decrease in oil consumption, causing the price of gas to plummet, which has led to a decrease in the amount of gas taken from the ground.
ChapterEconomic Impact of Coronavirus and Oil Price War
EpisodeAndrew Schulz Answers "Why Comedy Must Be Offensive"
PodcastAndrew Schulz's Flagrant with Akaash Singh
The podcast discusses how Russia's decision to flood the oil market during the pandemic is affecting the global economy.
20:38 - 22:18 (01:40)
Summary
The podcast discusses how Russia's decision to flood the oil market during the pandemic is affecting the global economy. It also explores the country's strategy to maintain the value of diamonds by limiting their supply.
ChapterEconomic Impact of Coronavirus and Oil Price War
EpisodeAndrew Schulz Answers "Why Comedy Must Be Offensive"
PodcastAndrew Schulz's Flagrant with Akaash Singh
With the cost of a barrel of oil potentially dropping below $10, people are wondering where and how to buy barrels of their own, viewing it as the commodity to buy for a potential financial upturn in the future.
22:19 - 23:17 (00:58)
Summary
With the cost of a barrel of oil potentially dropping below $10, people are wondering where and how to buy barrels of their own, viewing it as the commodity to buy for a potential financial upturn in the future.