Crude oil storage tanks at the WTI physical delivery point in Cushing, Oklahoma. WTI collapsed to below zero last year as US crude storage neared capacity. Reuters
Crude oil storage tanks at the WTI physical delivery point in Cushing, Oklahoma. WTI collapsed to below zero last year as US crude storage neared capacity. Reuters

Energy

US oil surges above $64 on anniversary of sub-zero plunge

Prices have since added more than $100 per barrel, following production cuts by Opec+ as well as resumption of mobility

Jennifer Gnana
Jennifer Gnana

April 20, 2021