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US oil prices sink as coronavirus fuels storage fears
The rout in US oil prices gained momentum on Tuesday as concerns over global storage capacity prompted fears the American crude benchmark could again plummet into negative territory. West Texas Intermediate fell 11.2 per cent to $11.33 per barrel in Asia trading hours. Extreme price swings have roiled global oil markets in recent sessions.
https://finance.yahoo.com/m/a8647a9...52a99954/us-oil-prices-sink-as.html?.tsrc=rss
The rout in US oil prices gained momentum on Tuesday as concerns over global storage capacity prompted fears the American crude benchmark could again plummet into negative territory. West Texas Intermediate fell 11.2 per cent to $11.33 per barrel in Asia trading hours. Extreme price swings have roiled global oil markets in recent sessions.
https://finance.yahoo.com/m/a8647a9...52a99954/us-oil-prices-sink-as.html?.tsrc=rss
