Inside the Biggest Oil Meltdown in History

Март 15, 2021

Главная
Экономика
Inside the Biggest Oil Meltdown in History

Содержание

2. What happened? The first-ever zero oil trade happened at 2:08 p.m. on Monday, April 20
3. Why it happened? Traders reached their last day to trade oil for delivery in May before
4. The consequences Cheaper gasoline prices at the pump The increase of traders who are interested in
5. Data Sourses: https://www.institutionalinvestor.com/article/b1lhy2h328jhpt/Inside-the-Biggest-Oil-Meltdown-in-History https://www.marketwatch.com/story/why-the-oil-market-just-crashed-below-0-a-barrel-4-things-investors-need-to-know-2020-04-20 https://www.theguardian.com/world/2020/apr/20/oil-prices-sink-to-20-year-low-as-un-sounds-alarm-on-to-covid-19-relief-fund
7. Скачать презентацию

Слайд 2

What happened?
The first-ever zero oil trade happened at 2:08 p.m. on Monday,

What happened? The first-ever zero oil trade happened at 2:08 p.m. on Monday, April 20

April 20

Слайд 3

Why it happened?
Traders reached their last day to trade oil for delivery

Why it happened? Traders reached their last day to trade oil for

in May before their the contracts expire
The lack of demand explains as a result of coronavirus outbreak
Oil price war between Saudi Arabia and Russia

Слайд 4

The consequences
Cheaper gasoline prices at the pump
The increase of traders who are

The consequences Cheaper gasoline prices at the pump The increase of traders

interested in buying oil low and reselling it later
Probable blow of favour to Donald Trump who took credit for brokering a historic deal between the Opec oil cartel and the world’s largest oil producing nations to limit the flood of oil production into the market

Слайд 5

Data Sourses:
https://www.institutionalinvestor.com/article/b1lhy2h328jhpt/Inside-the-Biggest-Oil-Meltdown-in-History
https://www.marketwatch.com/story/why-the-oil-market-just-crashed-below-0-a-barrel-4-things-investors-need-to-know-2020-04-20
https://www.theguardian.com/world/2020/apr/20/oil-prices-sink-to-20-year-low-as-un-sounds-alarm-on-to-covid-19-relief-fund

Data Sourses: https://www.institutionalinvestor.com/article/b1lhy2h328jhpt/Inside-the-Biggest-Oil-Meltdown-in-History https://www.marketwatch.com/story/why-the-oil-market-just-crashed-below-0-a-barrel-4-things-investors-need-to-know-2020-04-20 https://www.theguardian.com/world/2020/apr/20/oil-prices-sink-to-20-year-low-as-un-sounds-alarm-on-to-covid-19-relief-fund