Oil Hit -37 As Oil Tourists Targeted

in #money4 years ago

by Adam Button

And it finally happened. US oil prices crashed below zero for the first time in history as plummeting demand alongside insufficient supply cuts sent storage costs soaring. The result: Oil sellers had to pay buyers to unload US fuel, sending WTI to -$37.63, from $18.30 on Friday.

WTI, Brent Chart

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