A historic “Black Monday” occurred on the U.S. oil market on April 20: West Texas Intermediate – a type of crude oil used as a global benchmark – prices dropped to zero and then turned negative. This drop also affected other brands of oil, including European Brent and Russian Urals. We looked at what it means and how cheap oil will affect Ukraine.
Ukraine's Energy Challenge
Hromadske: What does negative oil price mean for Ukraine?
A worker walks through UGV pipe infrastructure at Yablunivsky oil and gas condensate field on Oct, 26, 2018 in Poltava Oblast.
