Oil both WTI and Brent have prices that ate extremely volatile like all other commodities. Can you recall what the lowest prices were and more importantly why they reached those lows. There was also a very large swing back in those per barrel prices.
Could it be as simple as that old standard economic rule - Supply/Demand? Or were there some other forces at work?
Can the price of a commodity ever be negative where suppliers pay to have their product taken off their hands? What are zero or negative interest rates, is their ever an occasion when inflation is negative?
Could it be as simple as that old standard economic rule - Supply/Demand? Or were there some other forces at work?
Can the price of a commodity ever be negative where suppliers pay to have their product taken off their hands? What are zero or negative interest rates, is their ever an occasion when inflation is negative?
