US oil price collapse was just for physical barrels as Brent unaffected but LNG drops on glut

Tuesday, 21 April 2020

The collapse of US oil prices into negative territory affected only physical barrels of West Texas Intermediate (WTI) crude for May delivery and was not a general oil price crash. The global benchmark North Sea Brent crude prices is largely unaffected, nor are future WTI prices.


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Last modified on Tuesday, 21 April 2020 04:07
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