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The global slowdown is really putting a damper on oil prices and commodities, despite the talking heads on TV talking about the “big rebound” in oil and commodity prices.
The OPEC oil basket (prices of crude oil by OPEC members) just fell below $30.
And the Mexican Mix (which looks like Mescal, but is actually Mezcla) is down to 24.75.
Oil prices are falling all over.
Including Saudi Arabia
And the Emirates, Kuwait and other Middle East.
Just don’t eat the worm! (which the global economy is eating!)
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