Posts archive for April, 2020

Crude Facts

Crude Facts: 1. WTI (Western Texas Intermediate) American Crude Oil. Yesterday, May 2020 contracts of WTI plunged below Zero as physical demand of Crude has dried, creating a global supply glut. This means many American oil-producing companies will witness financial strain in the near term. May 2020 contract has now recovered and trades at $5. It’s […]

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