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
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.