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Vol. 25, No.17 Week of April 26, 2020
Providing coverage of Alaska and northern Canada's oil and gas industry


Oil price crashes

WTI & ANS plummet into negative territory as May futures contract closes

Alan Bailey

for Petroleum News

On Monday, April 20 the price of West Texas Intermediate crude oil fell into negative territory for the first time in history, as the COVID-19 pandemic decimated oil demand. At one time the WTI price dropped as low as -$40 per barrel. Essentially oil traders were willing to offer money to people wil....

    [additional news subjects in this story]

Benchmark crudes

May futures crash

Alaska North Slope crude

ANS pricing


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