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Updated 21 April 2020 at 18:01 IST

'Cheaper than toilet paper': Plunging oil prices trigger meme fest on Twitter

Even though the oil prices jumped back to $1.10 for barrel in a matter of few hours, netizens were quick to turn the news into a meme fest amid COVID-19 crisis.

Aanchal Nigam
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Oil prices
'Cheaper than toilet paper': Plunging oil prices trigger meme fest on Twitter | Image: self

As the coronavirus outbreak continues to tighten its grip worldwide, for the first time in history, the oil prices in the United States plunged as low as -$37.63. Even though they jumped back to $1.10 for a barrel in a matter of few hours the global crude oil prices still remain at an all-time low. However, netizens were quick to turn the news into a meme fest. From pointing out that oil is now “cheaper than toilet paper” and "more affordable than Netflix", the internet users mocked that they are going to “buy” multiple barrels of oil. The unprecedented outbreak has severely impacted the global economy, and oil prices in the world have also reached an all-time low. Sending shock waves to world leaders, the internet users have started making memes around the incident. Here are some of the ‘Oil prices’ memes. 

Read -  Shares Skid After Oil Prices Dip Into Negative Territory

Read -  Oil Prices Plunge As Coronavirus Keeps People Home

 

Read - Stocks Plummet After Oil Prices Collapse

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Read - Oil Price Goes Negative As Demand Collapses; Stocks Dip

Published By : Aanchal Nigam

Published On: 21 April 2020 at 18:11 IST

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