Musicians look full of making money. Because of the virus. Welcome to the program for the 1st time in history u. S. Just crashed into negative territory on monday that means producers have to. Take oil off their hands the crash was triggered by a collapse in demand as the world continues its shutdown because of the coronavirus its an Unprecedented Development well discuss the impact in just a moment but 1st this report. Went. To one thing. We certainly have plenty of oil. In fact far too much of it the president tried to calm nerves after the value of u. S. Crude went negative for the 1st time ever on monday at one point reaching minus 40. 00 a barrel in a month or so go a little bit its at 25. 00 and 28. 00 or so its largely a financial squeeze and they did get squeezed with a traders who found themselves on monday under heavy pressure to sell off their crude futures to the rising cost of holding the oil in the u. S. Is when dealing Storage Facilities means keeping it is becoming too
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