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QP - The Week in Crude Oil Markets - March 2, 2020
Crude oil futures ended last week at a 14-month low, with April WTI settling at $44.76/ bbl on Friday. The rapid spread of COVID-19 outside of China and the rising likelihood of a global economic slowdown sent financial markets around the world into a selloff, and oil futures trading has not been immune to the selling pressure. With China’s economy weakened by the COVID-19 outbreak, market participants for several weeks had been expecting a......
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