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US oil contract prices sink 305% to a shocking minus $40, traders flee in a frenzy

20 Apr 2020

May US crude futures plunged to a depth never before seen, settling on the day at minus $37.63 a barrel. Prices set a low of negative $40.32.

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This content was originally published by IoL Business Report. Original publishers retain all rights. It appears here for a limited time before automated archiving. By IoL Business Report

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