Penelope Cruz Black Dress Oscars 2020 was a vintage inspired formal evening dress. The actress looked amazing wearing her Oscars 2020 red carpet dress, the event was held at the Dolby Theatre in Hollywood on February 9. Penelope Cruz Oscars 2020 dress was a high-low formal evening prom dress, with halter neckline. Vintage but refreshing! I love the dress even if the proportions are not ideal for her body type. Beauty wise I'm blown away!