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Apr 24, 2020

[Answer] By one measure, the price of which commodity fell below zero this week for the first time?

Step 1 : Introduction to the question "By one measure, the price of which commodity fell below zero this week for the first time?"



...1. Cattle
2. Oil
3. Silver
4. Wheat





Step 2 : Answer to the question "By one measure, the price of which commodity fell below zero this week for the first time?"



Oil:


Please let us know as comment, if the answer is not correct!

The price of the main U.S. oil benchmark fell below zero on Monday for the first time. The drop was the result of a quirk in the oil market, but our senior economics correspondent said it also illustrates the pandemic’s deflationary effect on the global economy.



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