Could oil really fall to $0? ...United Arab Emirates

Russia Today - Economy
Could oil really fall to $0?
source : Russia Today ( United Arab Emirates ) () 95
The outlook for US shale continues to darken with WTI testing sub-$20 territory. The supply glut could grow worse as the contraction in demand continues to deepen. On Sunday, President Trump extended the social distancing guidelines through the end of April, retreating from his plan to “open up” the economy by Easter. And before the ink was even dry on the $2 trillion stimulus, Congress has already started preparing the fourth emergency coronavirus legislation. As of now, 193 million people in the US and a staggering 2.3 billion people worldwide are living under some sort of lockdown order, according to Raymond James.  In early March,

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