Oil prices crash as economic fallout from virus widens

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The Dow, S and P 500 and Nasdaq all took major hits as a global glut in oil supply and low demand for fuel sent stock prices plummeting. Janet Shamlian reports.
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I took a picture of my local Citgo gas station sign today. It was $0.99 / gallon for regular!!! Never thought I'd see that!!! I live near Detroit, MI.

DJdoppIer
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Oil prices are reflective of OPEC with Russia primarily to blame for not scaling back their production quotas months ago. COVID-19 has only made the pricing situation slightly worse than it was going to be.

privacyvalued
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If the price of oil crashes, we ill have no gasoline. Think about it. Who would deliver oil for no profit? Stock up boys and girls.

msblexpress