Oil Hits Historic Lows Under COVID, Opportunities Emerge? Volatility continues with the North American oil industry on both sides of the border, but where there is turmoil, there can also be opportunity.
US Oil prices plunged on Monday to its lowest levels since NYMEX opened oil futures trading nearly 37 years ago. The American oil benchmark, West Texas International crude for May 2020 fell more than 100% to settle at -$37.63 a barrel, which means producers must pay traders to take their oil.
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