Oil has been dubbed as the most valuable commodity with some even referring it as black gold. Until recently no one would have believed that the price of oil could have reached below USD 20 let alone into negative. Last week, in an unprecedented historical event, the West Texas Intermediate (WTI) i.e. USA oil benchmark … Read More “Analysis of the global oil price shock – How it happened and what`s next?” »
Tag: Oil Industry
Opinions
Opinions
The global economic is on a standstill for the past two months as the novel corona virus has affected almost all the countries around the world. These countries have placed complete or partial lockdown to contain the further spread of virus. While the global leaders and international financial institutions are finding ways to bring this … Read More “Main economic losers of the COVID-19 pandemic” »