9 months ago
1
American oil is crashing because it has nowhere to go
The spectacular collapse in oil markets is showing no signs of easing, as the coronavirus crisis saps demand and producers run out of places to store all their excess barrels of crude. What's happening: US oil prices plunged more than 28% to nearly $13 per barrel on Monday, their lowest level since 1999.
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https://www.cnn.com
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Keep it, I'd say.