How Brent Crude Oil's Dominance Could Come To An End
Law360 (October 22, 2020, 6:43 PM EDT) -- Following the upheaval in the early months of 2020 — when demand for crude oil collapsed, oil prices tumbled and the market valuation of West Texas Intermediate, or WTI, entered negative territory — prices stabilized between June and September, at roughly $40 to $45 per barrel.
However, production cuts by the Organization of the Petroleum Exporting Countries, along with leading oil-producing ally countries, are still tapering off, despite increasing COVID-19 infections and persistent low demand. The small recoveries made thus far are now under threat, with prices dropping below $40 per barrel, and Brent crude hitting a four-month low on Oct. 2....
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!