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Should You Buy Oil Stocks Amid The Covid-19 Pandemic?
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[QUOTE="Good-Guy, post: 213000, member: 29109"] This world will never forget the Covid-19 pandemic. In fact, our future generations will remember this period just like we remember the great plague pandemic and other pandemics that caused much destruction in the past. One of the biggest harm that this pandemic caused was the fact that many businesses got closed and many supermarkets also closed as many people were advised and even forced by the government to maintain social distancing. Since people were not obeying, the government imposed lock down restrictions and used police and military police to make sure social distancing is being observed by people. However, this destructive pandemic not only led businesses to bankruptcy, but the public transport industry also suffered a lot. When the lock down was imposed public and private transport suffered a lot because people were spending their time at homes. This led to a huge crash of oil stock prices. In fact, at that time Covid- 19 also had an impact on international traveling due to restrictions and many airline companies went bankrupt. This was mainly because of the huge crash of oil prices. Do you think that it would be a great opportunity for investors to buy those shares, as the value may shoot up in the future after the pandemic? What do you think? [/QUOTE]
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Should You Buy Oil Stocks Amid The Covid-19 Pandemic?
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