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Kilduff: Oil prices have to get this low so the supply can be cleared

U.S. crude prices plunged to their lowest level in history as traders continue to fret over a slump in demand due to the coronavirus pandemic. The price of the nearest oil futures contract, which expires Tuesday, was the hardest hit, detaching from later month futures contracts with a drop of more than 90%. CNBC's Kelly Evans and Brian Sullivan are joined by John Kilduff of Again Capital.
Mon, Apr 20 20202:11 PM EDT