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Oil Plunges to Lowest Since 1986 Ahead of Contract Expiration

By Catherine Ngai, Olivia Raimonde and Alex Longley (Bloomberg) — Oil plunged to the lowest level since 1986 as a deadly pandemic ravaging global economies threatens to erase an entire decade of demand growth, slashing thousands of jobs and wiping out hundreds of billions of dollars from company valuations. Traders fled the May contract ahead of […]

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