Trump said the OPEC+ agreement would save countless jobs and cover samsung core plus much needed stability to the oil patch. “This will save hundreds of thousands of energy jobs in the United States,” Trump tweeted on April 12. “I would like to thank and congratulate President Putin of Russia and King Salman of Saudi Arabia.” Yet crude has kept crashing, in part because those production cuts don’t kick in until May. And demand continues to vanish because jets, cars and factories are sidelined by the coronavirus pandemic. The hope in cover samsung galaxy a3 2015 the oil industry is that Monday’s negative prices are somewhat of a fluke caused cover samsung galaxy tab e 9.6 by the rolling over futures contracts. The record low in the May contract comes on very thin trading volume ahead of Tuesday’s expiration. cover samsung s5mini That’s because there are concerns that there will be no room to store those barrels delivered in May. The June contract, however, only dropped around 10% to $22 a barrel. And Brent crude, the world benchmark, fell just 5% to $26.50 a barrel. Still, oil contracts roll over each month and they don’t crash to record lows. “There […] read more