US crude price slumps below zero dollars for first time

Oil futures plunged below zero on Monday, the latest never-before-seen number to come out of the economic coma caused by the coronavirus pandemic. The price for West Texas Intermediate for May 2020 delivery stood at negative $37.63 dollars per barrel at New York close. It was at roughly $60 at the start of the year.

Subscribe to France 24 now:
http://f24.my/youtubeEN

FRANCE 24 live news stream: all the latest news 24/7
http://f24.my/YTliveEN

Visit our website:
http://www.france24.com

Subscribe to our YouTube channel:
http://f24.my/youtubeEN

Like us on Facebook:
https://www.facebook.com/FRANCE24.English

Follow us on Twitter:
https://twitter.com/France24_en


In This Story: France

France is a republic and the largest Western European nation. Through expansion and colonisation in the 17th and 18th centuries France became a great power and still retains territories around the world. It has a seat on the UN security council and is the world’s fourth most wealthy country with a high standard of living and strong cultural identity.

6 Recent Items: France

Does it matter how young or old our politicians are? 1

Does it matter how young or old our politicians are?

Impact inflation, living costs have on birth rates and Canadians on parental leave

Global National: Jan. 19, 2024 | Health data shows influenza, COVID-19 cases decreasing in Canada

Tempers FLARE: SLY France ‘could SOLVE illegal immigration in a heartbeat’

Uganda, Gaza, Syria, Red Sea, & other topics – Daily Briefing (18 January 2024) | United Nations

Israel-Gaza: Aid package delivered to people in Gaza | BBC News

In This Story: New York

New York is a state in the northeastern U.S., known for New York City and towering Niagara Falls. NYC’s island of Manhattan is home to the Empire State Building, Times Square and Central Park. The Brooklyn Bridge connects Manhattan with the borough of Brooklyn. The iconic Statue of Liberty stands in New York Harbor. To the east, Long Island has beaches, the Montauk Lighthouse, the ritzy Hamptons and Fire Island.

1 Recent Items: New York

Bickering Couple Can’t Run A Restaurant | Kitchen Nightmares

In This Story: Texas

Texas is a state in the South Central region of the United States. At 268,596 square miles, and with more than 29.1 million residents in 2020, it is the second-largest U.S. state by both area and population.

2 Recent Items: Texas

US march for life: Abortion rights likely issue in Nov election

20/20 ‘There Is A Monster In Me’ Preview: hundreds of pages give look inside mind of killer

Leave a Comment

We don't require your email address, or your name, for anyone to leave a comment. If you do add an email address, you may be notified if there are replies to your comment - we won't use it for any other purpose. Please make respectful comments, which add value, and avoid personal attacks on others. Links are not allowed in comments - 99% of spam comments, attempt to post links. Please describe where people may find additional information - for example "visit the UN website" or "search Google for..." rather than posting a link. Comments failing to adhere to these guidelines will not be published.