Dallas Fed Energy Survey Results Point to Bleak Outlook for Oil Industry
Kunal Patel and
Michael Plante
Dallas Fed Economics from Federal Reserve Bank of Dallas
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 (search for similar items in EconPapers)
Date: 2020-03-26
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Persistent link: https://EconPapers.repec.org/RePEc:fip:d00001:87779
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