US Oil Prices Plunge 40% As Storage Runs Out, Analyst Says Oil ETF Investors 'Likely To Burn Their Fingers'
The shares of several oil stocks were trading lower Monday, after the price of oil fell significantly down to $11 per barrel as storage for the commodity runs out and demand remains depressed.
WTI Crude was down 40.72% at $10.83 at the time of publication.