Texas Oil at $2 a Barrel Raises Specter of Negative Prices | Bloomberg

(Bloomberg) — Crude prices in America’s oil capital are getting dangerously close to zero.Buyers bidding for crude in Texas, the birthplace of the shale revolution, are offering as little as $2 a barrel for some oil streams, a precipitous markdown from a month ago. The slumping value of physical barrels
— Read on finance.yahoo.com/news/texas-oil-2-barrel-raises-120000398.html

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