Oil expected to drop 20% in 2020 as lockdowns weigh in and market eyes stimulate
Oil expected to drop 20% in 2020 as lockdowns weigh in and market eyes stimulate
Global crude oil markets lost about a fifth of their value in 2020 as strict coronavirus lockdowns crippled much of the global economy, but prices rebounded sharply from lows as governments rolled out stimulus measures. On Thursday, the last trading day of 2020, Brent was down 55 cents, or 1%, to $ 51.08 a barrel […]
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