Oil is Tanking – What to Do Now

Oil prices hit five-year lows… don’t expect a sustained turnaround anytime soon… why doesn’t AI energy demand prop up prices?… electricity versus oil… a big AI red flag from Eric FryVIEW IN BROWSERYesterday, oil prices slid to their lowest level in nearly five years.Brent Crude fell below $60 a barrel while West Texas Intermediate Crude (WTI) dropped into the mid-$50s.Both are rebounding as I write on Wednesday morning, but the overall trend here is weakness. Brent and WTI have shed 23% and 25%, respectivel ...