Covid Hit Crude Oil Prices Less Optimistic in 2021

Capt. John
  • The year 2020 was a roller-coaster ride for commodities and especially for crude oil.
  • WTI crude prices fell into negative territory for the first time ever questioning the general market caveat that commodities price cannot be zero.
  • The second half has been equally remarkable as prices surged by leaps and bounds.
  • From hitting a low of $40.32 per barrel in April, WTI crude oil bounced back to hit a high near $49.3 in December.
  • While Brent managed to hold in the positive territory for the entire...

https://mfame.guru/covid-hit-crude-oil-prices-less-optimistic-in-2021/

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