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Stock impact report

Oil drops to 21-year low with storage filling as demand shrivels [MSN Money]

CME Group Inc. - Class A (CME) 
Last cme group inc. - class a earnings: 4/29 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.cmegroup.com
Company Research Source: MSN Money
(Bloomberg) -- Oil extded its slide, falling to the lowt in more than two decad, on concern the world is rapidly running out of plac to store crude after output cuts proved insufficit to cope with plunging demand.© Thomson ReutersFutur in New York fell 6% to around $5 a barrel after losing almost a fifth of their value last week as the deal by OPEC+ and other producers failed to counter the demand hit from a crippled global economy. The currt May contract expir Tuday, however, with the more active June futur falling by around a third as much on more than five tim the trading volume. Global bchmark Brt crude was only down around %.Load ErrorSee also: Wild Oil Market Set for Extra Volatility as Contract Expiry NearNear-term pric for Wt Texas Intermediate, the U.S. bchmark, are trading at huge discounts to later-dated contracts on concern the storage hub at Cushing, Oklahoma, will fill to capacity. That has se pric disconnect from Brt futur in London.Buyers in Texas© BloombergThe 9.7 mil Show less Read more
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