As a side effect of the Coronavirus pandemic, oil prices fell into negative numbers in April. This is shocking because it has never happened before. Wells Fargo Investment Institute answers some of the questions regarding this recent plunge in oil prices. Read the full report here.
Wells Fargo Advisors is a trade name used by Wells Fargo Clearing Services, LLC, Member SIPC. Wells Fargo Investment Institute, Inc. is a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A., a bank affiliate of Wells Fargo & Company.