Fuel To The Fire: COVID-19 And Oil Market Turmoil
June 17, 2020 OVERVIEW In early March 2020, chaos hit the global oil markets. A dispute over supply between Saudi Arabia and Russia sent prices crashing 25 percent – their biggest one-day drop in almost 30 years. Then, in April, U.S. oil prices briefly fell into negative territory as traders started paying people to take …
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