It's Time To Get Your Head Out Of Your App!: Oil Plunges Below Zero for First Time as Demand Collapses!

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Monday, April 20, 2020

Oil Plunges Below Zero for First Time as Demand Collapses!

Oil futures collapsed to below zero for the first time ever as the deepening economic turmoil caused by the coronavirus crisis left traders desperate to avoid taking delivery of physical crude. In an unprecedented day of trading, the price for the May contracts wiped out all value, breaking every... Sign in to see full entry.

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