US oil markets created history on Monday when prices of West Texas Intermediate (WTI), the best quality of crude oil in the world, fell to “minus” $40.32 a barrel in New York. This is the lowest crude oil price ever known — according to Bloomberg, the previous lowest was immediately after World War II. How and Why did this happen?
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- https://indianexpress.com/article/explained/negative-crude-oil-prices-explained-6371848/
- https://indianexpress.com/article/explained/why-crude-oil-prices-fell-below-zero-6373139/
- https://energy.economictimes.indiatimes.com/news/oil-and-gas/explained-why-did-oil-prices-crash-in-the-us-and-what-does-it-mean-for-indian-consumers/75274815
- https://www.hindustantimes.com/analysis/use-the-oil-crash-to-boost-india-s-strategic-reserves-analysis/story-aECKMfH8mpcEKVCGe2ozJK.html
