Mainly Hopeful.

News Items.

Apr 20, 2020

∙ Paid

1. Oil plunged below $15 a barrel in New York, a fresh 21-year low, as inventories soar because of the supply-demand mismatch that’s been created by the coronavirus. The most immediate West Texas Intermediate contract fell as much as 22% to $14.19 a barrel. While a major part of the slump is because the May futures contract expires on Tuesday, the coll…

Continue reading this post for free, courtesy of John Ellis.

Or purchase a paid subscription.