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Dallas Fed Energy Survey Results Point to Bleak Outlook for Oil Industry
Abstract: The price of West Texas Intermediate (WTI) crude oil has plunged more than 50 percent since the start of the year as the coronavirus (COVID-19) pandemic has taken hold and a dispute between energy giants Saudi Arabia and Russia threatens to flood the market with crude oil.
Keywords: Economic Conditions; COVID-19; Energy;
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https://www.dallasfed.org/research/economics/2020/0326
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Provider: Federal Reserve Bank of Dallas
Source: Dallas Fed Economics
Publication Date: 2020-03-26