US oil futures prices for May return to positive territory after record drop

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The US oil benchmark for May returned to positive territory Monday night after a wild and historic plunge that saw it close 306% to $ 37.63 a barrel earlier today. West Texas Intermediate gross for May delivery
CLK20,
+ 103.80%

was at $ 1.66 a barrel in day-to-day e-commerce, up over 100% during the session. The May crude contract expires Tuesday; most actively negotiated June contract
CLM20,
+ 4.40%

was above $ 21 a barrel, up about 7% from Monday’s close at $ 20.03 a barrel. To learn more, read: Why Oil Prices Just Crashed In Negative Land – 4 Things Investors Should Know

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