UPDATE 3-Expiring U.S. crude oil futures contract posts ‘epic’ 40% slide
The oil market’s fears of rapidly
filling storage and demand destruction hammered the expiring May
U.S. oil futures market, which dropped more than 40% on Monday,
opening the widest gap in history between it and the next
contract at nearly $12 a barrel.
filling storage and demand destruction hammered the expiring May
U.S. oil futures market, which dropped more than 40% on Monday,
opening the widest gap in history between it and the next
contract at nearly $12 a barrel.
Posted by Reuters
