Live Update 
From the Liveblog of
Monday, April 20, 2020
From the Liveblog of
Monday, April 20, 2020
US oil price plunges almost 40% to 22-year low
Add ToI as a Preferred Source on GoogleUS oil dives to nearly $11 per barrel, the lowest level since 1998, extending a dizzying plunge to almost 40 percent on abundant supplies and virus-sapped demand.
Just before 1200 GMT, the US benchmark West Texas Intermediate (WTI) crude for May delivery tanked to $11.31 per barrel, as the market was hit also by technical trade ahead of the contract’s expiration later today.
— AFP
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