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Oil drops below $0, signaling extreme collapse in demand

The notion that a barrel of oil could be worth less than zero was a shock to many.

An oil rig stands against the setting sun in Midland, Texas. The price of oil tumbled Monday into negative value.
An oil rig stands against the setting sun in Midland, Texas. The price of oil tumbled Monday into negative value.Read moreEli Hartman / AP