Baz Ares
Gold Member
- Feb 2, 2017
- 10,970
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- Banned
- #141
US oil prices crashed into negative territory for the first time in history as the evaporation of demand caused by the coronavirus pandemic has left the world awash with oil and not enough storage capacity — meaning producers are paying buyers to take it off their hands.
West Texas Intermediate, the US benchmark, traded as low as -$40.32 a barrel in a day of chaos in oil markets. The settlement price on Monday was -$37.63, compared to $18.27 on Friday. Traders capitulated in the face of limited access to storage capacity across the US, including the country’s main delivery point of Cushing, Oklahoma.
Oil prices collapse below zero, scrambling the clean energy transition
Oil futures dived below zero for the first time ever amid the coronavirus-triggered economic turmoil.www.latimes.com
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We all can feel good oil ceo's will suffer for the crimes to on the world population.
Jail and kill them all slowly.
I can taste the sweet oil here.
The Great Douche CIC Orange DrumpF and our govmint should fill the national oil reverse fully.
Everyone NEEDS to call their representative now. Spread the word!