World's Cheapest Crude Hits Record Low as Oil Slump Deepens

  • Western Canadian Select grade falls below $20 a barrel
  • More production shut-ins expected: Auspice Capital Advisors

Will Oil Oversupply End in the Next 6 to 12 Months?

A deepening oil market slump is adding fresh pain for producers of the world’s cheapest crude, raising the prospect that more production will be curtailed.

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