The Daily Populous

Tuesday April 21st, 2020 morning edition

image for Oil crashes 305% to -$36.73 a barrel

West Texas Intermediate crude oil futures for May delivery cratered by 305 percent to -$36.73 a barrel.

At a price below zero, buyers would be paid to take delivery as there are costs associated with transportation and storage.

The selling had WTI on track to close at its lowest level since recordkeeping began in March 1983, according to Dow Jones Market Data.

The June contract was trading lower by 18 percent at $20.43 a barrel.

“With demand still dead and OPEC+ cuts not hitting fast enough, the market looks like it has no bottom.”.

Lower economic activity means weaker demand for crude oil and its byproducts, including gasoline and jet fuel.

The sharp drop in demand has storage tanks in Cushing, Oklahoma, a key U.S. oil hub, filling up at an astounding rate. »

What Is the Rarest Hair Color in the World?

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If a child is not born to parents with the red hair alleles, the child will not be getting red hair.

We’ve looked at the rarest natural hair color in the world, but what about the most common hair color.

While red hair is the rarest, blond and brown hair occurs in between the percentages of red hair and black hair. »

Ruth’s Chris Made $468 Million in Revenue but Gobbled Up $20 Million in Small Business Relief

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If the business uses more than 75 percent of the low-interest loan to keep paying employees, then the entire amount is forgiven.

Take, for example, Ruth's Chris Steakhouse, which has more than 150 locations and more than 5,700 employees, and is owned by the publicly traded Ruth's Hospitality Group.

According to Bloomberg, the sandwich chain Potbelly Corp. received $10 million also, despite annual sales of $410 million and 6,000 employees. »

Coronavirus: Novak Djokovic reveals he's an anti-vaxxer and it may stop his return to tennis

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Novak Djokovic has revealed he is an anti-vaxxer and that it could get in the way of his return to competitive tennis once the sport resumes from the coronavirus pandemic.

Prominent figures in tennis have said all players should be vaccinated when competition starts again, provided a vaccination against COVID-19 is produced by then.

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