Explorer
Historic crash: US oil prices turn negative per barrel
US economy is going through a huge problem. And this problem is the decreasing oil prices. The oil prices in United States of America has turned negative in the historic clash.
Due to the coronavirus pandemic, oil demands have dropped so rapidly that there is no room to store the barrels. On the other hand, Russia and Saudi Arabia are flooded with excess supply
Take a look
Due to the coronavirus pandemic, oil demands have dropped so rapidly that there is no room to store the barrels. On the other hand, Russia and Saudi Arabia are flooded with excess supply
Take a look
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