Oil storage tanks brimming as demand dives
Equities underestimating impact of downturn, says economist
NBR staff
Tue, 21 Apr 2020
Market disruption caused by the Covid-19 virus has taken another wild turn as the price of US crude oil futures turned negative on fears storage capacity would run out in Oklahoma.
The May contract for West Texas Intermediate crude hit a low of minus $US1.43 a barrel on Monday, Reuters reported,
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NBR staff
Tue, 21 Apr 2020
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