Oil Trades Below Lowest Settlement Price Since 2003 in New York
A pressure gauge sits attached to crude oil pipework in an oilfield near Almetyevsk, Tatarstan, Russia. (Photographer: Andrey Rudakov/Bloomberg)

Oil Trades Below Lowest Settlement Price Since 2003 in New York

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(Bloomberg) -- Oil futures in New York briefly fell below the lowest settlement price since 2003 as crude’s collapse continues in the face of simultaneous supply and demand shocks.
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