The WORST Oil Crisis In History Continues... BP FIRED 10,000 Employees

Minority Mindset
•June 15th, 2020
DESCRIPTION
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The oil industry is seeing its worst crisis in history. Investors thought things were getting better in May, but then oil prices sank again in June and BP fired 10,000 employees. Here's what's happening in the oil industry.
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The Oil Crisis Continues... BP FIRED 10,000 Employees
0:30 - Oil is seeing it’s worst crisis in history during the 2020 oil crisis
1:55 - BP is firing 10,000 employees
2:10 - How the oil industry works
2:45 - Why it’s hard to stop the production of oil
4:15 - What’s happening in the oil industry in 2020 with oil industry bailouts
7:25 - The stock market is emotional and how oil stocks are trading
8:01 - Goldman Sachs thinks oil prices will come down
8:58 - How oil ETFs works and investing in stocks as a newer investor
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Video host: Jaspreet Singh
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DISCLAIMER CONT'D: I'm just a random guy on YouTube so do your own research! Jaspreet Singh is not a licensed financial advisor. He is a licensed attorney, but is he is not providing you with legal advice in these videos. This video, the topics discussed, and ideas presented are Jaspreet's opinions and presented for entertainment purposes only. The information presented should not be construed as financial or legal advice. Always do your own due diligence.

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