WTI Crude Oil Price Dived to Negative as Oversupply Sparks Concerns about Storage

<p>A day ahead of expiration, WTI crude oil futures for May delivery slumped into the negative territory for the first time on history. Plunging by over 100%, the May contract slumped to as low as US$ -40.32/bbl before settling at -37.63. In Asian session today, the contract recovered to positive territory and is trading at […]</p>
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