A historic oil price collapse, with worries headed into 2021

A historic oil price collapse, with worries headed into 2021
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30.12.2020

MOSCOW (MRC) -- Even as global prices end the year at about USD51 a barrel, near the average for 2015-2017, it masks a year of volatility, said Reuters.In April, U.S. crude plunged deep into negative territory and Brent dropped below USD20 per barrel, slammed by the COVID-19 pandemic and a price war between oil giants Saudi Arabia and Russia. The remainder of 2020 was spent recovering fro

Full article at mrcplast.com

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