US main oil prices crashed below zero dollars for the first time in history as a triple threat of record-low demand, oversupply and low storage facilities for crude oil pushed the price to its lowest ever on Monday 20 April, 2020.

West Texas Intermediate, the US marker, lost more than 250% on Monday to trade as low as -$40.32 a barrel in a day of chaos in oil futures markets, FT reported. Brent slid almost 10% to $25.78 in an apocalyptic day for oil, making nothing of OPEC+’s plan to cut supply by at least a tenth of global supply

SOURCE: https://businessday.ng/energy/oilandgas/article/us-main-oil-drops-below-0-for-first-time-in-history-brent-slumps/

Coronavirus is really shaking our world so bad in all ramifications.

Interesting

post=88676593:
Coronavirus is really shaking our world so bad in all ramifications.

I agree with you bro, its not just shaking its also exposing some defects and some mismanagement in some certain sectors.
Some areas where we had thought was actually efficiently managed has proved otherwise before our own eyes.
I wont be suprised if the banking sector is next.

alphajerus:


I agree with you bro, its not just shaking its also exposing some defects and some mismanagement in some certain sectors.
Some areas where we had thought was actually efficiently managed has proved otherwise before our own eyes.
I wont be suprised if the banking sector is next.

You have a very good point there Alpha

Hmmm

So apparently, we have been fixated on the wrong spots.

Health care is greater than military might!