OPEC basket

  • WTI Crude Prices Fall by 300%, Plunges Below $0 

    WTI Crude Prices Fall by 300%, Plunges Below $0 

    Tuesday, 21st April 2020

    US oil trading collapsed on April 20 as the price on the May future contract for West Texas Intermediate (WTI) - that is due to expire on April 21 - fell by over 300%, recording an unprecedented $-37.63 per barrel on April 20 against April 17’s $18.27 per barrel.