Under pressure from all directions (improving efficiency and alternatives (electrification); coronavirus economic collapse; and Saudi-Russian price war), the U.S. oil market collapsed (even further) today with WTI prices as low as $11.50 earlier this morning. While there are reasons for the particular collapse (oil futures timing) and while the gap between WTI / Brent Crude […]
US Oil Prices Lower then Since Before World War II
April 20th, 2020 · Comments Off on US Oil Prices Lower then Since Before World War II
Tags: Energy