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US oil prices fall below zero dollar
By EUobserver
US oil prices turned negative for the first time on record on Monday after oil producers ran out of space to store the oversupply of crude left by the coronavirus crisis, triggering an historic market collapse which left oil traders reeling, the Guardian reports. The price of US crude oil crashed from $18 a barrel to -$38 in a matter of hours on Monday but recovered to $1.10 on Tuesday.