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How Oil Prices Went Subzero: Explaining the COVID-19 Oil Crash

rob hunter March 1st, 2016 1

How Oil Prices Went Subzero: Explaining the COVID-19 Oil Crash

How oil prices went negative: this explainer shows how a collapse in demand, a Saudi-Russia price war, and oversupply led to futures prices going wonky.

Click here to read How Oil Prices Went Subzero: Explaining the COVID-19 Oil Crash

 

 

 

 

Source: Visual Capitalist

National Bank Financial – Wealth Management (NBFWM) is a division of National Bank Financial Inc. (NBF), as well as a trademark owned by National Bank of Canada (NBC) that is used under license by NBF. NBF is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and the Canadian Investor Protection Fund (CIPF), and is a wholly-owned subsidiary of NBC, a public company listed on the Toronto Stock Exchange (TSX: NA).

 

 

 

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