Home WTI: May contract extends slide, down 50% on Monday

WTI: May contract extends slide, down 50% on Monday

Published date: 20 Apr. 2020 | 18:32

WTI May contract fall under $8, drops more than 50% on Monday, worst day ever.
June contract holds around $22.00, down almost 10%.

Crude oil prices remain under pressure on Monday with the WTI May contract unable to find support as the sell-off continue. The price of the barrel dropped to as low as $7.70 and it remains under pressure.

The contract expires on Tuesday.

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