Oil meltdown spreads beyond expiring contracts
![oil refinery](https://s32566.pcdn.co/wp-content/uploads/2020/04/Oil-refinery-illo_opt-951x634.jpg.optimal.jpg)
West Texas Intermediate for June delivery dropped as much as 42% to $11.79 a barrel amid a massive glut of crude oil
The oil meltdown accelerated Tuesday, with huge losses sweeping through markets as the world runs out of places to store unwanted crude and grapples with negative pricing.
On Monday, West Texas Intermediate plunged below zero for the first time in history as the contract for May neared expiration
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