The initial pandemic period, when there were no vaccines, saw an environment of heightened uncertainties. The price of crude oil plunged to a negative 36.98perbarrelonApr20,2020.However,withtherapiddevelopmentsofvaccines,whichledtothegradualopeningoftheeconomies,thepricingscenarioofWestTexasIntermediatecrudeimproveddrasticallyovertimetoreach123.64 per barrel on Mar 8, 2022. Oil price data are per the U.S. Energy Information Administration, and currently, the WTI oil pr ...