When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
DPU - Commodity Prices Reflect World Problems: With Oil Price Dropping Below Zero
DB Commodity Long ETN
The Bloomberg Commodity Index closed on Monday, April 20, 2020 around 60.40.
The index ended 2019 around 81.00.
The decline so far this year is just under 25 percent. This provides the background for what the United States and the world has to deal with.
The particular product that has gotten the most attention during this time period has been crude oil whose futures price was around $61.00 a barrel at the end of 2019 and dropped below zero for the first time ever.
Sellers had to pay buyers to take barrels off their hands.