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The price of oil fell to an unprecedented level during the Monday trading session creating major disruption and fear among oil producers and traders. 1.

The price of oil fell to an unprecedented level during the Monday trading session creating major disruption and fear among oil producers and traders.

1. What contributed to the collapse in the oil price?

2. How did the derivative market facilitate that process?

3. What advice would you provide to oil producers for the next contract expiration?

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