US crude oil futures collapsed! The first plunge in history was 305.97%!

US crude oil futures collapsed! The first plunge in history was 305.97%!

Amazon announces $10 million investment to protect forests


On April 22 , according to Sina Technology, Amazon's $ 100 million " Right Now Climate Fund" will invest $ 10 million to help protect or restore forests in the northeastern United States.


The funds will be used to expand two projects aimed at opening up the carbon credit market to small family forest owners and medium-sized forest owners. By 2031, this series of measures will help reduce 18.5 million tons of carbon dioxide in the atmosphere.




Canton Fair to be held online from June 15 to 24



Recently, China Foreign Trade Center (Group) confirmed that Tencent will become the technical service provider of the 127th Canton Fair, providing overall technical support, platform development services and cloud resource support for the online Canton Fair. It is understood that this Canton Fair will be held online from June 15 to 24 for a period of 10 days. It is reported that this Canton Fair will present three interactive sections, integrating exhibition docking, negotiation and transaction, and creating an efficient online experience for domestic and foreign exhibitors and buyers.



eBay cancels July seller conference


On April 20, Marnie Levine, an executive at eBay, said the company may hold an online conference event for sellers.


It is reported that eBay usually holds the annual eBay Open seller conference in July every year. However, before the epidemic, eBay announced the cancellation of this year's annual seller conference.


Marnie Levine said that due to the impact of the epidemic, eBay is considering holding online conference events because it is almost impossible to hold large-scale offline seller conferences in a short period of time.



US crude oil futures collapsed! The first plunge in history was 305.97%!




The expiring U.S. WTI May crude oil futures contract closed with a sharp drop, setting the lowest closing level and the largest single-day drop in the history of near-month contracts, reflecting the growing oversupply of crude oil and insufficient storage space.


At the end of the U.S. market, the price of WTI crude oil futures for May fell to negative value for the first time in history, reaching a low of -40 USD / barrel and closing at -37.63 USD / barrel. It closed at negative value for the first time in history, down 55.9 USD, a drop of 305.97% .

Source: Maiwen

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