On April 20, the prices of US oil contracts for May delivery fell to their lowest level in history, crashing below $0 a barrel, in parallel with the drop in available storage spaces globally. This unprecedented predicament is due to the abundance of oil supply that global economies no longer
Three months after its appearance in China last December, Covid-19 turned from a crisis specific to China, into a global pandemic, according to the World Health Organization on March 11. Before it was classified as a pandemic, Covid-19 had manifested across the globe, in all countries bar 22; and as
The coronavirus (COVID-19) emerged in China last December at the height of the trade competition and mutual sanctions between China and the US, specifically in the Wuhan Province – the largest industrial stronghold in China. This caused a significant decline in production and the cessation of many factories and traffic
On April 20, the prices of US oil contracts for May delivery fell to their lowest level in history, crashing below $0 a barrel, in parallel with the drop in available storage spaces globally. This
Three months after its appearance in China last December, Covid-19 turned from a crisis specific to China, into a global pandemic, according to the World Health Organization on March 11. Before it was classified as
The coronavirus (COVID-19) emerged in China last December at the height of the trade competition and mutual sanctions between China and the US, specifically in the Wuhan Province – the largest industrial stronghold in China.
