WTI: May contract extends slide, down 50% on Monday

WTI May contract fall under $8, drops more than 50% on Monday, worst day ever. 
June contract holds around $22.00, down almost 10%. 

Crude oil prices remain under pressure on Monday with the WTI May contract unable to find support as the sell-off continue. The price of the barrel dropped to as low as $7.70 and it remains under pressure. 

The contract expires on Tuesday.