Write a research paper between 5 to 7 pages (double space).
Introduction (separate page) – Counted as one page
Topic
Conclusion (separate page) – Counted as one page
Bibliography (separate page) – Counted as one page
Topic:
US oil prices turned negative for the first time in history amid the deepest fall in demand in 25
years. A flood of unwanted oil in the market caused the west Texas intermediate ( WTI), the
benchmark price for US oil, to plummet to almost -$40 a barrel after the fastest plunge in history.
That meant producers were paying buyers to take oil off their hands.
Why have US oil price turned negative? What do “negative prices” mean? Why are oil prices in
other countries still above zero?
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