Just like everything else, the pandemic has affected crude oil prices. When the world shut down in March 2020, transportation ground to a halt, except for essential workers, and the need for crude oil plunged dramatically. Oil stockpiles built up in the tanks, and the glut of oil eventually forced traders to pay people to take and store the oil, since there was so much oil and no one was using it. Ironically, it seems as though the country is about to…
