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WTI Crude Oil Sees Unprecedented Collapse
Many predicted that West Texas Intermediate crude oil could trade as low as $15 a barrel during the Saudi-Russia price war. Some even speculated it could hit $5 when figuring in the demand crater due to the global pandemic. No one predicted this. There simply isn’t a proper word to use here — unprecedented, catastrophic...
Eric Sharpe
Apr 21, 20202 min read
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