Crude prices plunge to lowest level in history — what Cramer and others are watching [CNBC]
Evercore Inc. Class A (EVR)
Last evercore inc. class a earnings: 4/22 06:00 am
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Source: CNBC
It was a historic day for crude. The price of West Texas Intermediate crude oil for the month of May plunged more than 190% into negative territory on Monday, hitting its lowest levels in history and highlighting the plummeting demand for the commodity around the world. Market analysts are watching closely as concerns grow around rapidly shrinking storage space for the oversupply of oil. Here's what five of them, including CNBC's Jim Cramer , said on Monday: Helima Croft, global head of commodity strategy at RBC Capital Markets, suggested keeping an eye on gasoline demand: "This is a really sort of interesting, unique story to the oil market. I mean, what has been hit the hardest by this pandemic has been vehicle traffic use. I mean, people are not flying. They are not driving. And so, this is a real story about storage filling up. ... We're expecting Cushing to reach tank tops by mid-May. I mean, there are other places that you can store this crude, potentially in, like, Louisiana, b
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EVR
Earnings
- 10/29/25 - Beat
EVR
Sec Filings
- 1/2/26 - Form 4
- 12/11/25 - Form 4
- 12/9/25 - Form 144
- EVR's page on the SEC website