Note the 5/20 refers to the May contract for oil.
I haven't seen it touch below .04 yet but predictions are it will go negative today. I'll try to get a snap if it does!
Have we been attacked by Saudi Arabia? It's an irrational move by SA. Why did we send military hardware to this region of the world? Lot's to consider here.
Didn't take long to go negative.
NOTABLE
Another:
U.S. oil benchmark crashes below $1 a barrel, on track for lowest close and biggest one-day fall on record
The May contract is set to expire at the end of regular trade on Tuesday, while the June contract is the most active.
U.S. oil benchmark is on track to finish in single digits for the lowest close and biggest one-day plunge on record.
Major oil producers had forged a historic pact to curb output by some 10 million barrels a day, in an effort to end a price war between Saudi Arabia and Russia and stabilize prices.
https://www.brecorder.com/2020/04/20/590887/u-s-oil-benchmark-crashes-below-3-a-barrel-on-track-for-lowest-close-and-biggest-one-day-fall-on-record/