Adding Fuel to the Fire : Cheap Oil during the COVID-19 Pandemic

Adding Fuel to the Fire : Cheap Oil during the COVID-19 Pandemic

The outbreak of COVID-19 and the wide-ranging measures needed to slow its advance triggered an unprecedented collapse in oil demand, a surge in oil inventories, and a record one-month decline in oil prices in March 2020. This paper examines the lik...

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Bibliographic Details
Main Authors: Wheeler, Collette Mari, Baffes, John, Kabundi, Alain, Kindberg-Hanlon, Gene, Nagle, Peter S., Ohnsorge, Franziska
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2020
Subjects:
COMMODITY PRICES
OIL PRICES
CORONAVIRUS
COVID-19
PANDEMIC IMPACT
DEMAND
SUPPLY
OIL PRODUCTION
PRICE ELASTICITY OF DEMAND
Online Access:http://documents.worldbank.org/curated/en/284371594670190475/Adding-Fuel-to-the-Fire-Cheap-Oil-during-the-COVID-19-Pandemic
http://hdl.handle.net/10986/34129

Internet

http://documents.worldbank.org/curated/en/284371594670190475/Adding-Fuel-to-the-Fire-Cheap-Oil-during-the-COVID-19-Pandemic
http://hdl.handle.net/10986/34129

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