Terrible week for Australian share market sparked by oil price

THIS week started off with a crash when West Texas Intermediate, the benchmark for US onshore crude, fell into negative territory for the first time in history, and briefly dragged international benchmark Brent 20% down with it.

Terrible week for Australian share market sparked by oil price Terrible week for Australian share market sparked by oil price Terrible week for Australian share market sparked by oil price Terrible week for Australian share market sparked by oil price Terrible week for Australian share market sparked by oil price

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ASX-listed companies in the US shale patch saw some staggering falls, but thankfully unlike the wholesale destruction that began March 9 after a failed OPEC+ agreement and continued as oil