This article was first published on FXTM Global.
- -
This content is synced from the rightful owners. Copyright on text and images belong to the original source.
- -


Ever thought that it could be imaginable to see the price of U.S oil valued at less than a pizza? Or even a slice of pizza? How about for it to actually cost to sell U.S crude? All of this was previously thought to be unthinkable, but it became very real for traders as the price of U.S oil turned negative for the first time in history. WTI futures set to expire suffered a disastrous plunge of more than 300%, sinking as low as -$40 on the first day of the new trading week.20 April 2020 will be remembered as a dark and disastrous day for the oil industry and witnessing the selling... Read More


--
To keep reading this article, please navigate to: FXTM Global.

Tagged on: