Specialist Dilip Patel (left) on the floor of the New York Stock Exchange on March 9, 2020. Photo: AP Specialist Dilip Patel (left) on the floor of the New York Stock Exchange on March 9, 2020. Photo: AP
Specialist Dilip Patel (left) on the floor of the New York Stock Exchange on March 9, 2020. Photo: AP

Oil rebounds from this week’s unprecedented wipeout with May futures contract prices edging just above zero

  • May contracts edged up to US$2 a barrel after sinking to a record low of minus US$40.32 during Monday’s trading
  • Futures contracts for June delivery rose to US$22 a barrel

Topic |   Energy
Specialist Dilip Patel (left) on the floor of the New York Stock Exchange on March 9, 2020. Photo: AP Specialist Dilip Patel (left) on the floor of the New York Stock Exchange on March 9, 2020. Photo: AP
Specialist Dilip Patel (left) on the floor of the New York Stock Exchange on March 9, 2020. Photo: AP
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