Lahore, 21st April: Mubasher Lucman in his recent video discloses that a great game is on and the true turn will come in place from May onwards. It is first time in the world history that due to the growing pandemic the oil production has increased and demand has reduced so there is a negative trend in oil pricing. According to the renowned anchor, an estimated 50 million layoff has taken place in the retail sector and oil refinery. The power sector has taken a hit and condition is further deteriorating. West Tax Intermediate (WTI) America price controller estimated oil trading rates at -37.63 $ per barrel on Monday. The trading level for June orders was 20$ per barrel for Europe and rest of the world the oil standard fixing company Brent Crude lowered its price by 8.9% and the trading price was less than 26$ per barrel. Oil Prices Plunging Down in the Global Market Lucman informed in his video, that oil trading is based on future contracts looking at the demand and consumption companies hedge to cover their risks. In current scenario oil producing companies are under pressure and in need to enhance their storage as oil consumption … Continue reading A New Power Game to Begin: Mubasher Lucman