Oil prices remain volatile after record-breaking negative plunge

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Oil prices remain turbulent, a day after turning negative for the primary time in historical past. The coronavirus pandemic and lockdowns around the globe have seen demand for oil dry up, and space for storing is operating low. Analysts say the worldwide benchmark, Brent crude, is a greater reflection of the present state of the market, however prices remain at their lowest degree in a long time. Donald Trump has pledged to assist America’s oil and fuel business – we have a look at what measures could possibly be in retailer.

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