Wheeler, Collette Mari; Baffes, John; Kabundi, Alain; … - 2020
in oil demand, a surge in oil inventories, and a record one-month decline in oil prices in March 2020. This paper … main results. First, the record plunge in oil prices was predominantly driven by demand factors as wide-ranging measures to … downward pressure on oil prices. Second, this latest oil price decline was preceded by six previous plunges over the past half …