Oil Falls After Major Index Bails Out of June WTI Contract
Petroleo Brasileiro SA (Petrobras) oil rigs stand under construction at the Verolme shipyard near Angra dos Reis, Brazil. (Photographer: Dado Galdieri/Bloomberg)

Oil Falls After Major Index Bails Out of June WTI Contract

(Bloomberg) -- Oil fell following wild price swings set off when a major index tracked by billions of dollars in funds said it would exit near-term contracts for fear prices may turn negative again.
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