Crude Oil’s 2020 Crash: See What Helped (Some) Traders Pivot Just in Time

Since the start of 2020, crude oil has gone from “black gold” to “black days,” plummeting 70% for its “worst quarter on record”. As of March 30, oil prices circled the drain of a two-DECADE low near $20 per barrel. Is there any way an oil trader or active oil investor could look at the market’s crash and NOT see what one March 12 CNN article coined “a nightmare scenario”?