This week has given investors yet another opportunity to use the word 'unprecedented', following the WTI crude price freefalling into negative double digits last Monday (20 April).
Oil producers began paying buyers for barrels due to storage concerns as the pandemic-induced lockdown has weighed heavily on consumption. As discussed on the front page of this week's magazine, this will have significant ramifications for investors; particularly those who have tried to take advantage of the dip by buying into oil price ETFs. Morningstar's Kenneth Lamont explained the "idiosyncrasies" of the crude futures market mean investors could see the value of their investment eroded, even if the oil price recovers. On the active side, Willis Owen's Adrian Lowcock warned some...
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