Tag: Us Oil Price

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US Oil Prices Turn Negative For The First Time In History; Wall Street Tumbles

New York: US oil prices turned negative on Monday for the time in history. West Texas Intermediate crude for May delivery shed more than 300 per cent to settle at -37.63 USD per barrel on the New York Mercantile Exchange. What it means is that oil producers are paying the buyers to take the commodity […]

  • Saturday, 17 April 2021
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