The US oil market hits the lowest price for the first time due to the Coronavirus pandemic. But the desi Twitterati tries to find laughter with funny crude oil memes.
The COVID-19 pandemic has not only caused a serious issue in health care but also has affected major businesses around the world. With the most shocking effect being the collapse of crude oil prices in the US. It is said that the sellers are actually paying the buyers to get the oil stocks off their hand as the economy has come to a standstill due the pandemic. This has resulted in the price of Brent crude to fall $27.67 a barrel at one point, its lowest since 2003, while US crude fell as low as $28.36. As there is no one to buy the oil, American energy companies are facing a shortage of storage facility and therefore are selling off the stocks at a lower price. While this decrease in the prices and its demand for the Indian petrol prices is yet to be determined, tweeple are trying to foresee future situations in a funny way. Many have posted some funny crude oil memes that we could not help but laugh at.
Take a look at these funny crude oil memes on Twitter:
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