What happens when a global pandemic meets a price war on oil? Or, what happens when severe practical problems meet ineffective policymakers? Rather, what happens when an exogenous shock…
Negative Oil Prices
As if 2020 has not been weird and unusual already, today the world experienced another unprecedented wacky event: negative oil prices. If anyone reading this is about to rush…
The across-the-board market volatility witnessed in recent sessions has been nothing short of astounding. Example: The lifeblood of a number of nations around the globe—Oil—did one jaw-dropper of a…