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World

The price of oil just hit $0 a barrel. What’s going on?

21 April 2020

5:08 AM

21 April 2020

5:08 AM

If you’ve ever wanted to own a barrel of oil, today might be your lucky day – for the first time in modern history, there are traders across the world who’ll let you have it for free. On Monday evening the price of oil futures plummeted, with one key oil price in the USA hitting $0 per barrel shortly after 7pm UK time.

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