Oil prices continue their decline this week with JPMorgan analysts noting deepening demand destruction fears. Yahoo Finance Markets Reporter Ines Ferre examines recent analyst comments on crude oil demand forecasts as overseas suppliers extend their production cuts. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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lots comments here trump for speaker almost always in english with a bit of spanish lingo
Demand destruction is a long way off. Even the folks buying EVs are not crushing their old car. They are selling it to someone who will likely buy even more gas than they did and drive it more. This is going to be a very soft landing. We should wait to see the real numbers.
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