The May contract for WTI , which expired Tuesday , plungedMovement.down.lossbelow zero for the first in history before clawing its way back into positive territory .
Crude prices plungedMovement.down.lossfurther on Monday after OPEC once again said it will not cutCause.movement.down.lossoil output despite fears of a glutOversupply, and a UAE official opposed holding an emergency meeting of the producer group to support prices .
Crude prices plungedMovement.down.lossfurther on Monday after OPEC once again said it will not cutCause.movement.down.lossoil output despite fears of a glutOversupply, and a UAE official opposed holding an emergency meeting of the producer group to support prices .