US crude at US$10? It's a possibility, given latest dive to 21-year low
Oil currencies slide as US benchmark WTI crashes; floor falls out of demand, filling up US storage space
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THERE's no saving crude - not even the much-wished for Saudi-Russia oil cutback - as the floor fell out of demand amid the continuing Covid-19 pandemic.
Monday's brutal crash of US crude benchmark West Texas Intermediate (WTI) to a 21-year low will be seared into the memory of oil traders across the world.
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