Monday, April 20, 2020

Free-Falling: U.S. Oil Drops Below $5 Per Barrel As Demand Disappears

West Texas Intermediate hit the single digits for the first time in many decades, then kept plummeting, with oil selling for less than $5 a barrel. At the start of 2020, a barrel cost around $60.

West Texas Intermediate hit the single digits for the first time in many decades, then kept plummeting, with oil selling for less than $5 a barrel. At the start of 2020, a barrel cost around $60.

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