$42/BBL Crude Oil Price In A Month? Here’s How It Could Happen

$42/BBL Crude Oil Price In A Month? Here’s How It Could Happen

After dipping into negative territory for the first time ever last month, crude oil prices could be headed towards $42/bbl. It seemed impossible at the time, but the impossible eventually happened on April 20 when the rolling contract for U.S. West Texas Intermediate (WTI) benchmark crude oil futures price for…

Subscription Required

You must be a member to access this content.

View Subscriptions

Already a member? Log in here
Author Profile
Ryan Dusek
Director - 

Ryan is a Director at Opportune LLP. His industry experience includes commodity trading, risk management, supply chain optimization and derivative valuation. He is an expert in developing financial models to quantify complex/uncertain issues and deliver real-world solutions. He has extensive experience in the pricing, hedging and portfolio management of the retail natural gas markets. Ryan has led all aspects of commercial-deal structuring and pricing for wholesale natural gas trading and origination. He has over 15 years of experience in the energy industry. Ryan has an MBA from the University of Texas in San Antonio where he specialized in Finance.

3 Ways Technology is Going to Shape the Oil and Gas Industry Free to Download Today

Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.

Related posts