Explainer: What is a negative crude future and does it mean anything for consumers?

The price of a barrel of benchmark U.S. oil plunged below $0 a barrel on Monday for the first time in history, a troubling sign of an unprecedented global energy glut as the coronavirus pandemic halts travel and curbs economic activity.


from Reuters: Business News https://ift.tt/3eECJz6

No comments

Theme images by Jason Morrow. Powered by Blogger.