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June oil futures contract loses half its value as crude continues unprecedented sell-off 

By: capt_nemo in POPE 5 | Recommend this post (2)
Tue, 21 Apr 20 8:55 PM | 35 view(s)
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http://www.cnbc.com/2020/04/20/june-oil-futures-rebound-3percent-but-may-contract-is-still-trading-at-negative-price.html

The June contract is more actively traded and therefore a better indication of where traders believe oil is headed. It was 66% lower at $6.90, after closing above the $20 mark on Monday.




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.


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