NEW YORK: This year was like no other for oil prices. Even as global prices end the year at about US$51 a barrel, near the average for 2015-2017, it masks a year of volatility.
In April, US crude plunged deep into negative territory and Brent dropped below US$20 per barrel, slammed by the Covid-19 pandemic and a price war between oil giants Saudi Arabia and Russia.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!