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Energy

Oil Craters — But Energy Stocks Soar as Silly Millennials Buy the Dip

Crude oil has cratered to multi-decade lows as supplies vastly outstrip demand amid the coronavirus pandemic. Supply is soaring so fast that some analysts believe oil could fall below zero. Paradoxically, investors are pouring into oil stocks trying to buy the dip. They are about to get wrecked. We are witnessing the greatest disconnect between…