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Futures Movers: U.S. oil benchmark crashes below $0 a barrel to mark historic plunge

20 Apr 2020

The soon-to-expire May contract for the U.S. oil benchmark marks history on Monday, finishing deeply in negative territory and implying that investors will need to pay buyers to take delivery of crude oil, reflecting a growing glut of crude and a lack of storage space.


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This content was originally published by MarketWatch.com - Top Stories. Original publishers retain all rights. It appears here for a limited time before automated archiving. By MarketWatch.com - Top Stories

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