Rice University: 'Mind-Blowing Carnage in US Oil Prices Makes Little Sense,' Says Baker Institute Expert
April 23, 2020
April 23, 2020
HOUSTON, Texas, April 23 -- Rice University issued the following news release:
Prices for U.S. crude oil for May delivery turned negative Monday -- something that has never happened since oil futures began trading in 1983.
Jim Krane, the Wallace S. Wilson Fellow for Energy Studies at Rice University's Baker Institute for Public Policy, said "the mind-blowing carnage in U.S. oil prices makes little sense in physical terms." He is available to discuss the implic . . .
Prices for U.S. crude oil for May delivery turned negative Monday -- something that has never happened since oil futures began trading in 1983.
Jim Krane, the Wallace S. Wilson Fellow for Energy Studies at Rice University's Baker Institute for Public Policy, said "the mind-blowing carnage in U.S. oil prices makes little sense in physical terms." He is available to discuss the implic . . .