Crude Oil Plunges Below Zero for First Time in Unprecedented Wipeout

Crude Oil

The crude oil price on the futures contract for West Texas crude that is due to expire Tuesday fell into negative territory — minus $37.63 a barrel. The reason: with the pandemic bringing the economy to a standstill, there is so much unused oil sloshing around that American energy companies have run out of room to store it. And if there’s no place to put the oil, no one wants a crude contract that is about to come due.

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Crude Oil MCX Intraday Hit High 2056 – Fast Join Neal Bhai Reports

Crude Oil MCX Intraday

Crude Oil MCX Intraday Hit High 2056 – Rona Mana Hai

Crude Oil MCX Intraday

तेल निर्यातक देशों का समूह ओपेक और ओपेक के बाहर तेल के प्रमुख उत्पादक, उत्पादन कटौती को लेकर होने वाली बैठक से पहले अंतरार्ष्ट्रीय बाजार में कच्चे तेल के दाम में गुरुवार को लगातार दूसरे दिन तेजी रही।

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