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When oil became waste: a week of turmoil for crude, and more pain to come

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Home Blogs > Business
Apr 25 '20 | By oiam2companyadmin | Views: 50 | Comments: 0

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The magnitude of how damaged the energy industry is came into full view on April 20 when the benchmark price of U.S. oil futures , which had never dropped below $10 a barrel in its nearly 40-year history, plunged to a previously unthinkable minus $38 a barrel.
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Source: https://www.reuters.com/article/us-global-oil-turmoil/when-oil-became-waste-a-week-of-turmoil-for-crude-and-more-pain-to-come-idUSKCN228059?feedType=RSS&feedName=businessNews

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