Good times on the markets in 2016-2020 were supported by #OPEC+ deals and strong #oil. Now when Russia is not supporting production cuts and OPEC+ looks like over oil may stay very low in 2020-22. Distress in US oil producers > turmoil in stocks and HY markets > US recession #bearish
ConocoPhillips stock price chart
ConocoPhillips explores for, produces, transports, and markets crude oil, natural gas, natural gas liquids, liquefied natural gas, and bitumen on a worldwide basis.