The oil shock of 2020 appears to be here – and the pain could be wide and deep
The world is again undergoing an oil shock. Prices, already on a downward trend, have collapsed 30% in less than a week, bringing the total fall to nearly 50% since highs in early January. Consumers, of course, can expect gasoline prices to go down, but the story is far more complicated than that. By Scott L. […]