Center for Energy Studies | Blog

April 20: WTI at -$37, Brent at $26! What Happened? What Comes Next? The Stories That Will Be Told ...

April 21, 2020 | Kenneth B. Medlock III

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Kenneth B. Medlock III
James A. Baker, III, and Susan G. Baker Fellow in Energy and Resource Economics | Senior Director, Center for Energy Studies

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The author explains the unexpected price collapse for oil in spring 2020, elucidating how the market reacted to oversupply after a sudden drop in demand amid COVID-19 shutdowns. Read more on the Baker Institute Blog. 

This post originally appeared on the Forbes blog on April 21, 2020.

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