World crude prices have staged a modest recovery from last month’s dizzying collapse, prompting analysts to wonder whether the worst of the 2020 oil crisis is over. The commodity tanked for the first time into negative territory in April, plagued by demand-destroying coronavirus, chronic oversupply and a Saudi-Russian price war. West Texas Intermediate crude hit a historic low of minus $40.32 per barrel on April 20 as sellers were forced to pay…
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