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Oil Price Crashes into Negative Territory for the First Time in History Amid Pandemic U.S. crude oil futures collapsed below $0 on Monday for the first time in history, amid a coronavirus-induced supply glut, ending the day at a stunning minus $37.63 a barrel as desperate traders paid to get rid of oil. https://www.reuters.com/article/us-global-oil/oil-price-crashes-into-negative-territory-for-the-first-time-in-history-amid-pandemic-idUSKBN2210V9