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Monthly Archives: April 2020
Oil price negative
Today the price of WTI crude reached minus forty dollars a barrel. WTI (West Texas Intermediate) is US-centric and it has gone negative because once the storage capacity at Cushing is full there is pretty much nowhere for the crude … Continue reading
No longer counting
As many people now do, I check the Covid-19 stats for various countries, and one thing caught my attention: It seems that the UK no longer bothers giving a figure for recoveries. Then again the other two figures are also … Continue reading