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Abstract:The COVID-19 pandemic curbs the oil demand, which has shrunk due to the global lockdown measures and travel restrictions in response to the spread of coronavirus. Global oil price is at its lowest level in nearly 20 years. The price war between Saudi Arabia, OPEC’s largest member and Russia, non-OPEC member, brought a complicated oil crisis. Under the circumstance that oil price drops continuously, do you think the reduction of production will offset the bad effect of oil demand caused by coronavirus? How dose the future oil price affect forex market? Leave your comment to win exquisite prizes!
Event name:
[For Nigeria]Comment&Win! Comment Oil Price in WikiFX Forum to Share Up to ₦100,000 Mobile Phone Credit!
Objectives:
The COVID-19 pandemic curbs the oil demand, which has shrunk due to the global lockdown measures and travel restrictions in response to the spread of coronavirus. Global oil price is at its lowest level in nearly 20 years. The price war between Saudi Arabia, OPECs largest member and Russia, non-OPEC member, brought a complicated oil crisis. Under the circumstance that oil price drops continuously, do you think the reduction of production will offset the bad effect of oil demand caused by coronavirus? How dose the future oil price affect forex market? Leave your comment to win exquisite prizes!
Event period:
April 22, 2020 12:00:00~April 28, 2020 23:59:59(West Africa Time , UTC +1)
How to participate:
1. Search WikiFX on Google Play or App Store, or download WikiFX Appthrough the following link: https://bit.ly/WikiFXApp2
2. After downloading, please register as a new user.
Search “Nigeria” at the “Wiki Forum” section and find the activity post[For Nigeria]Comment&Win! Comment Oil Price in WikiFX Forum to Share Up to ₦100,000 Mobile Phone Credit!at the top.
Leave a comment below the post that includes “your comment on global oil prices effect on Forex” + Your email address, and you will be eligible for the prize draw!
Event prize:
If Number of Comments is below 120,₦ 1,000 Mobile Phone Credit; number of winners: 30
If Number of Comments is above 120,₦ 1,000 Mobile Phone Credit; number of winners: 40
If Number of Comments is above 250,₦ 1,000 Mobile Phone Credit; number of winners: 50
If Number of Comments is above 500,₦ 1,000 Mobile Phone Credit; number of winners: 100
Conduct of prize draw
After the event, winners will be drawn from the list of eligible users(depending on the Number of Comments). It should be noted that each user account is eligible for one entry of the draw, regardless of the number of comments posted.
Winner notification and prize collection:
The list of winners will be released on April 29th, 2020 on:
WikiFX “Wiki Forum”;
WikiFX Facebook Fan Page ( https://www.facebook.com/WikiFX.ng );
and WikiFX staff will contact the winners about prize collection from the announcement date to May 7, 2020during daytime.
Please reply to the notice via email within 7 days and include the following information: WikiFX user name, contact number and mobile carrier. Failure to reply within due time will be deemed as relinquishment to the benefit of the prize, and WikiFX will not further notify the winner or again release the prize entry.
Special reminders
1.This activity is limited to Nigerian users only.
2. If the prize winner is unwilling or unable to provide relevant information, cannot be reached due to the changes in personal information, or cannot complete the prize collection procedures for any other reasons due to the winner's own responsibility, this will be deemed as relinquishment to the benefit of the prize, which the winner should not object.
3. The prize can only be claimed by the winner and cannot be transferred to others or convert to cash if the winner forfeits the prize.
4. The winner should guarantee that all the information filled or submitted is true, correct and belongs to the winner himself/herself rather than any third party. Submission of inauthentic information will lead to disqualification of the participant or canceling of the winner's eligibility. Under such circumstances, the organizer shall not be liable for unable to notify the winner, and the participant shall bear all relevant legal responsibilities for any consequent damage to the organizer or any other third party.
5. If the participant is found, by the organizer or any other third party who report such irregularity to the organizer, to deliberately disrupt and affect others participating in the event through malicious computer program or other methods that clearly breaches the fairness of the event, or engage in any illegal practice, the organizer may immediately cancel participant's eligibility for the event. Other matters unspecified in this document should be handled in accordance with relevant regulations of the organizer, and the organizer reserves the right to make necessary supplement or amendment at any time. The organizer reserves the right to cancel, terminate, modify or suspend the event or relevant activities of the event.
6. If due to computer, network, telephone and technology malfunction, or any other reason non-responsible of the event organizer, the prize sent to the winner is delayed, lost, incorrect, unrecognizable or damaged, the event organizer accept no responsibility, and the participant is not entitled to making any objection or complaints.
7. The event organizer reserves the right to review, decide and change the prize to other prizes of the same value, while the prize winner cannot request change of the prize or exchange of the prize for cash.
8. If the event cannot be held due to force majeure, the event organizer has the right to cancel, terminate, modify or suspend the event, and reserves the right to modify and decide the interpretation of the terms and conditions of the event.
9. The winner agrees that the organizer can collect, process and use his/her personal data within the scope of this activity.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.