Tuesday, November 30, 2021
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Oil Prices Suppressed by Low Demand, How Auto Retail May React

American oil prices have rallied back from an all-time low of negative $37.63 per barrel for May futures on West Texas Intermediate (WTI) crude on April 20th. At that price, a seller would actually have to pay to have the buyer take their inventory – an unlikely scenario that would typically see sellers hold their […]
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Jason Unrau
Jason Unrau is CBT Automotive Network's Online Editor. Jason is an automotive specialist with more than 15 years of experience at the dealership level. Focusing mainly on fixed operations and the service industry, Jason’s expertise is in enhancing the customer experience and promoting a healthy, profitable service department.

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