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Title: On April 20, 2020 oil prices closed at -$37.63 per barrel. Which of the following statements is ... Post by: waterman7833 on Dec 11, 2022 On April 20, 2020 oil prices closed at -$37.63 per barrel. Which of the following statements is FALSE regarding these negative oil prices?
▸ The reason for the decrease in the price of oil was that people knew the price was going to decrease and stopped buying oil. ▸ The negative oil prices only lasted for one day. ▸ The reason for the sudden decrease in the price of oil stemmed from the lockdowns associated with the coronavirus. ▸ The negative price of oil indicates that oil producers were paying people to take their oil because they had nowhere to store it. Title: On April 20, 2020 oil prices closed at -$37.63 per barrel. Which of the following statements is ... Post by: crwille78 on Dec 11, 2022 Content hidden
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