Oil prices have gone negative this week for the first time in history. But what does this phenomenon mean and is a cue for investors to buy the black stuff?
Crude oil prices were more than US$100 a barrel as recently as August 2014. But a double whammy of a global fall in demand because of the Covid-19 lockdown and an oversupply of the commodity by oil cartel Opec has seen prices nosedive.
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