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Oil prices dive more than 100% to minus $37 as demand collapses during coronavirus pandemic

April 20, 2020

Oil prices dive more than 100% to minus $37 as demand collapses during coronavirus pandemicOne of the US' crude price futures have plummeted to the lowest level in history and entered into the negatives, as demand for oil continued its decline amid the coronavirus pandemic.Sharp selling heightened on Monday over concerns about the storage of the excess oil.




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