Oil Markets Are In For A Second Round Of Trouble

WTI prices are drifting lower on Friday after posting a volatile trade all week. Reports from the IMF, IEA and OPEC all centered on the same theme. The proper steps were made by the experts at the start of the pandemic to stabilize prices, but more is going to have to be done to take the global economy to the next level. Furthermore, governments are going to have to control the pandemic or the energy sector could face further destruction. The experts all seem to agree that the fiscal and monetary stimulus thrown at the global economy in April,…