The Year 2020, or the ‘Year of the Rat’ as they call in People’s Republic of China (PRC) brought forward myriad unexpected lows in the global scenario. Of all the wild, unprecented swings in the financial markets since the Covid-19 pandemic broke out, none has been more jaw dropping since the collapse in WTI (West Texas Intermediate) crude oil prices on April 20, which is a key segment in the US oil trading.
