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  • History in the Making: Oil settles at NEGATIVE $37.63 per barrel

    History in the Making: Oil settles at NEGATIVE $37.63 per barrel

    And there it is... May WTI just traded below zero for the first time ever (trading below NEGATIVE $40 per barrel)... There was a small bid right into the settlement at 1430ET leaving the May contract to settle at negative $37.63. May is down over 300% today... and June is down 18%.

    H/T: Zero Hedge

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