Oil Crash Accelerates, Rippling to Currencies and Stocks

The crash in global oil prices accelerated Tuesday, as pain spread to currencies of major exporters and shares in energy producers.

Brent crude futures, the international benchmark for oil markets, plunged 28% to $18.31 a barrel, their lowest level since 2002. The decline came a day after the price of West Texas Intermediate, the U.S. crude benchmark, dropped below zero for the first time in history.

Trapped longs.

zorron16 Pues q se hunda todo de una puta vez! Esto es lo q trae no dejar regular los mercados

Chaos oil price crash leads worse global economic situation,for sure.

its a good opportunity to buy oil now for the next ten years.😂

Oil can leak an airborne virus 🦠 instantly around the world. Hmmm who’s been spilling gas in the air? And yet in any emergency crisis, all oil production is expected to be shut down while disinfectant takes up 90% of the budget. Hmmm crickets

There's a tl;dr on that, by the way. 🧐

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