Published on Wednesday, April 1, 2020 | Updated on Saturday, April 4, 2020

U.S. | COVID-19 and oil markets

These are unprecedented times for energy markets. Crude oil demand has crumbled as economic activity has been suspended around the world, and nearly 3 billion people stay at home to flatten the curve of contagion.

Key points

  • Key points:
  • The market is severely dislocated
  • Implications for the U.S.
  • Long-term implications for the industry

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