April 20, 2020 Sophia Vida

Oil Crude Drops to a Historical Low and Hits Negative Territory

On Monday the price of West Texas Intermediate crude oil for the month of May dropped over 190% into negative territory. Many market analysts had remarks of oil hitting its lowest levels in history on Monday. Helima Croft, global head of commodity strategy at RBC Capital Markets said, “This is a really sort of interesting, … Continue reading “Oil Crude Drops to a Historical Low and Hits Negative Territory”