Oil “The Big Picture”

Bruno Cecchini
7 min readMar 29, 2020

We just start “The Big Picture” series to give a global view of the current states of affairs with key insight into some specific market to help us understand the big picture of this (COVID-19 pandemic) economic crisis.

Yeah, I know even Colonel Sanders doesn’t believe it, but it’s not the first time in history that oil price is so low but with the inflation-adjusted price is the lowest since 1933 when the economy was into the Great Depression.

Introduction

Oil is the synonym of economic prosperity for better or worse, oil produces great wealth, just to think about John D. Rockefeller and the massive…

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