Fight Back! News

News and Views from the People's Struggle


By Masao Suzuki

Oil futures crash, closing at negative $37.63

San José, CA – Earlier in the day, I glanced at oil prices and saw that they were down 40% for the day at about $10 a barrel. Pretty bad, I thought. Then after financial markets closed, I got a call about it. I looked and saw that the closing price was negative $37.63 and let out an f-bomb, the first of about a half a dozen in my three minute conversation.