Published on Apr 28, 2020 at 7:57 amUpdated on Apr 28, 2020 at 5:16 p.m.
The oil market is still in the midst of extreme turmoil. After a first drop of 25% on Monday, the price of a barrel of American crude oil (WTI) for delivery in June fell to 10 dollars on Tuesday, an additional drop of 20%. At issue, the decision of the index provider S&P Dow Jones to change the composition of one of the most watched commodity indices, the S&P Goldman Sachs Commodity Index.
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