The Real Story Told by the Crude Oil Market

The Real Story Told by the Crude Oil Market

May 1, 2020 | Claims and Disputes, Energy

That last week’s negative prices for crude oil became a dominant news story was to be expected. It was an unprecedented event in which sellers (i.e., producers, traders, and other owners of crude oil) were willing to pay buyers as much as $37 per barrel to take oil...