On April 20th, the oil market was shaken by a unique historic collapse of WTI crude oil futures contracts: the price went below zero, as low as minus $40 per barrel. The spot price at the time was $15. Can there be a negative oil spot price, and should private …
Thursday, April 23rd—today's news: the eurozone business activity hits record lows. Analysts say the oil prices will turn negative again after a short rebound. EUR/USD is at 1.0791, GBP/USD—1.2349; Brent oil is $22.15 per barrel, gold is $1,751.20. Read the daily selection of analytical reviews from Grand Capital experts to navigate the market …
Wednesday, April 22nd—today's news: oil prices hit 90s low. US dollar is weaker, but still very much in demand, European markets push higher amid hopes of the lockdown ending in the near future. EUR/USD is at 1.0866, GBP/USD—1.2341; Brent oil is $17.54 per barrel, gold is $1,721.00. Read the daily selection of analytical …
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