Due to coronavirus pandemic, billion are lockdown and are staying at home. The demand for crude oil dried up. The US crude plunged more than 300% on 20th April, the historic low. As the storage space for US crude was filling up without any idea of when the consumption will start.
#BREAKING | US crude oil futures fall below $0 for the first time in history, reports Reuters. WTI oil turns negative at -$1.4 per barrel#Oil #OilPrices #crudeoil pic.twitter.com/umptr6JhLu
β moneycontrol (@moneycontrolcom) April 20, 2020
This is for the first time that the oil went negative. A negative price suggests sellers were paying buyers to take deliveries in a bid to avoid incurring storage costs.
Memes hit hard as crude oil drops historically.
Me going to Petrol Pump #Crudeoilprice #CrudeOil #USOIL pic.twitter.com/jK0zvO7Ltc
β #COVID19 #CoronaVirus Kanganatungaπ§ (@Kanatunga) April 20, 2020
#crudeoil #OilPrices #OilCrash
*When you have recently filled your petrol tank of all your cars and bikes* pic.twitter.com/ToNUY0QHVJ
β JRism (@jiteshrochlani) April 20, 2020
*Crude Oil is almost Free now*
Saudi Sheikhs pic.twitter.com/fsCKw0oT8L
β Arun LoL (@dhaikilokatweet) April 20, 2020
Crude oil right now#crudeoil pic.twitter.com/UbDNqFMIza
β Tweeting Quarantino β (@rohitadhikari92) April 20, 2020
Before covid19 After Covid19 https://t.co/qpJC2tYZzx pic.twitter.com/V6v9KP9dwt
β Shawshank (@Ka_redemption) April 20, 2020
The barrel is now more expensive then the oil itself π #Petrol #Crudeoilprice #CrudeCrash pic.twitter.com/fFc7oQUeMR
β aman dahlan (@amandahlan01) April 21, 2020
Crude oil ke rates negative hogaye hai lakhon barrel le lenge, fir uske sath wo paise bhi denge fir pic.twitter.com/SeTeRzeNz5
β Mask π (@Mr_LoLwa) April 20, 2020
ππ pic.twitter.com/TCm4sBjdBj
β ΰ€ΰ€°ΰ€ΰ₯ΰ€Ά (@meme__lame) April 20, 2020
Guy : Bhai thoda cash chahiye tha.
Guy 2: Wo saamne ATM dikh Raha hai na.
Guy: Thank…
Guy 2: Usike baaju me petrol pump hai.
β Quarantined PUNekar (@ketanpunekarrr) April 20, 2020
#crudeoil
Then Now pic.twitter.com/mLtwaTTqS4β Yash Gorani (@whoyashgorani) April 20, 2020
US crude oil price falls into negative
Donald Trump : pic.twitter.com/QyFJIuo4yE
β Pakchikpak Raja Babu (@HaramiParindey) April 21, 2020
Crude oil price right now : pic.twitter.com/eLwOmPHyH6
β γ € γ € γ € γ € γ € γ € γ € γ € γ € (@theesmaarkhan) April 20, 2020
“Cruide oil prices gets low”
Me at petrol pump : pic.twitter.com/o7K4qijRyf
β Aman (@humourously_urs) April 20, 2020
Without India’s contribution to mathematics koi Crude Oil ka price hee nahi bol pata.
β Abijit Ganguly (@AbijitG) April 20, 2020
*Crude prices goes into negative*
Me*At petrol pump* : Tanki Full kardo.
Attendant: Sir, 350 hua.
Me: Theek hai lao.
β ΰ€‘ΰ₯.ΰ€ΰ₯. (@itsdhruvism) April 20, 2020
Baratiyon ka swagat #crudeoil se hoga.
β Yash Gorani (@whoyashgorani) April 20, 2020
Current crude oil situation π€£π€£π€£#CrudeOil #Crudeoilprice #Brent #brent #usoil #mcx pic.twitter.com/Mj92Cim6Kx
β Sai (@itzsai97) April 20, 2020