Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | Explained: What explains crude oil prices falling below the $0 mark -Udit Misra    </title>
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The first thing to understand is that, even before the Covid-19 induced global lockdown, crude oil prices had been falling over the past few months.

US oil markets created history on Monday when prices of West Texas Intermediate (WTI),..."/>
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The first thing to understand is that, even before the Covid-19 induced global lockdown, crude oil prices had been falling over the past few months.

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                            <p style="text-align:justify">-The Indian Express</p><p style="text-align:justify"><em>The first thing to understand is that, even before the Covid-19 induced global lockdown, crude oil prices had been falling over the past few months.</em></p><p style="text-align:justify">US oil markets created history on Monday when prices of West Texas Intermediate (WTI), the best quality of crude oil in the world, fell to &ldquo;minus&rdquo; $40.32 a barrel in New York. Not only is this the lowest crude oil price ever known &mdash; according to Bloomberg, the previous lowest was immediately after World War II &mdash; but also well below the zero-mark.</p><p style="text-align:justify">At this price, the seller would be paying the buyer of crude oil $40 for each barrel that is bought.</p><p style="text-align:justify">But how can that be? How did prices fall below zero in the first place? Why would they fall from $0 to -$5 to -$10 and so on all the way to -$40 a barrel? To be sure, regardless of how it looks, this is not an illogical result.</p><p style="text-align:justify">Please <a href="https://indianexpress.com/article/explained/negative-crude-oil-prices-explained-6371848/" title="https://indianexpress.com/article/explained/negative-crude-oil-prices-explained-6371848/">click here</a> to read more.</p>                                                           
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    <br><a href="https://indianexpress.com/article/explained/negative-crude-oil-prices-explained-6371848/" class="re" target="_blank">The Indian Express, 21 April, 2020, https://indianexpress.com/article/explained/negative-crude-oil-prices-explained-6371848/</a><div class="clear"></div>
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The first thing to understand is that, even before the Covid-19 induced global lockdown, crude oil prices had been falling over the past few months.

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                            <p style="text-align:justify">-The Indian Express</p><p style="text-align:justify"><em>The first thing to understand is that, even before the Covid-19 induced global lockdown, crude oil prices had been falling over the past few months.</em></p><p style="text-align:justify">US oil markets created history on Monday when prices of West Texas Intermediate (WTI), the best quality of crude oil in the world, fell to &ldquo;minus&rdquo; $40.32 a barrel in New York. Not only is this the lowest crude oil price ever known &mdash; according to Bloomberg, the previous lowest was immediately after World War II &mdash; but also well below the zero-mark.</p><p style="text-align:justify">At this price, the seller would be paying the buyer of crude oil $40 for each barrel that is bought.</p><p style="text-align:justify">But how can that be? How did prices fall below zero in the first place? Why would they fall from $0 to -$5 to -$10 and so on all the way to -$40 a barrel? To be sure, regardless of how it looks, this is not an illogical result.</p><p style="text-align:justify">Please <a href="https://indianexpress.com/article/explained/negative-crude-oil-prices-explained-6371848/" title="https://indianexpress.com/article/explained/negative-crude-oil-prices-explained-6371848/">click here</a> to read more.</p>                                                           
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    <br><a href="https://indianexpress.com/article/explained/negative-crude-oil-prices-explained-6371848/" class="re" target="_blank">The Indian Express, 21 April, 2020, https://indianexpress.com/article/explained/negative-crude-oil-prices-explained-6371848/</a><div class="clear"></div>
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The first thing to understand is that, even before the Covid-19 induced global lockdown, crude oil prices had been falling over the past few months.

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The first thing to understand is that, even before the Covid-19 induced global lockdown, crude oil prices had been falling over the past few months.

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    <h1 class="cat-box-title">Explained: What explains crude oil prices falling below the $0 mark -Udit Misra</h1>
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                            <p style="text-align:justify">-The Indian Express</p><p style="text-align:justify"><em>The first thing to understand is that, even before the Covid-19 induced global lockdown, crude oil prices had been falling over the past few months.</em></p><p style="text-align:justify">US oil markets created history on Monday when prices of West Texas Intermediate (WTI), the best quality of crude oil in the world, fell to &ldquo;minus&rdquo; $40.32 a barrel in New York. Not only is this the lowest crude oil price ever known &mdash; according to Bloomberg, the previous lowest was immediately after World War II &mdash; but also well below the zero-mark.</p><p style="text-align:justify">At this price, the seller would be paying the buyer of crude oil $40 for each barrel that is bought.</p><p style="text-align:justify">But how can that be? How did prices fall below zero in the first place? Why would they fall from $0 to -$5 to -$10 and so on all the way to -$40 a barrel? To be sure, regardless of how it looks, this is not an illogical result.</p><p style="text-align:justify">Please <a href="https://indianexpress.com/article/explained/negative-crude-oil-prices-explained-6371848/" title="https://indianexpress.com/article/explained/negative-crude-oil-prices-explained-6371848/">click here</a> to read more.</p>                                                           
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    <br><a href="https://indianexpress.com/article/explained/negative-crude-oil-prices-explained-6371848/" class="re" target="_blank">The Indian Express, 21 April, 2020, https://indianexpress.com/article/explained/negative-crude-oil-prices-explained-6371848/</a><div class="clear"></div>
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Explained: What explains crude oil prices falling below the $0 mark -Udit Misra

Published on Apr 21, 2020   Modified on Apr 21, 2020

-The Indian Express The first thing to understand is that, even before the Covid-19 induced global lockdown, crude oil prices had been falling over the past few months. US oil markets created history on Monday when prices of West Texas Intermediate (WTI), the best quality of crude oil in the world, fell to “minus” $40.32 a barrel in New York. Not only is this the lowest crude oil price ever known — according to Bloomberg, the previous lowest was immediately after World War II — but also well below the zero-mark. At this price, the seller would be paying the buyer of crude oil $40 for each barrel that is bought. But how can that be? How did prices fall below zero in the first place? Why would they fall from $0 to -$5 to -$10 and so on all the way to -$40 a barrel? To be sure, regardless of how it looks, this is not an illogical result. Please click here to read more.

The Indian Express, 21 April, 2020, https://indianexpress.com/article/explained/negative-crude-oil-prices-explained-6371848/

Tagged with: Crude Oil Covid-19 Coronavirus Economic Recession Economic Deceleration

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