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Negative Oil Price Is Short Lived Hoax

Buddy Ebsen as Jed Clampett from the “Beverly Hillbillies”. Photo credit: Jed Clampett stock photo from Getty Images royalty-free photos and images.

Negative Oil Price Is Short Lived Hoax

Last week the biggest headline across the globe was the precipitous drop of crude oil and the negative settlement price of the May contract for West Texas Intermediate (WTI) crude oil traded on the New York Mercantile Exchange (NYMEX) operated by the CME Group (CME).

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