Dysfunction in the oil market intensified, sending the most popularly traded U.S. oil contract at one point to its lowest level since at least 1986 before it recovered somewhat.
Dysfunction in the oil market intensified Tuesday, sending the most popularly traded U.S. oil benchmark at one point to its lowest level since at least 1986 before it recovered somewhat.
The world is awash with too much oil at a time when coronavirus lockdowns on driving, flying and industrial activity has all but eliminated the need for the stuff.
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