Oil fell following wild price swings set off when a major index tracked by billions of dollars in funds said it would exit near-term contracts for fear prices may turn negative again. West Texas Intermediate for June delivery declined 3.4% Tuesday after both the outright price of futures and the spread between the June and July contracts were rocked by volatility. An abrupt decision by S&P Global Inc. to tell clients to sell their stakes in the June contract caused prices to plunge to near $10 a barrel in intraday trading. Crude inventories are filling quickly, forcing investors to confront the possibility that space won’t be available for physical barrels before the June contract expires. “The June contract is going to be like what happened with May,” said Tariq Zahir commodity fund manager at New York-based Tyche Capital Advisors LLC. “It could go to twenty dollars, it could go […]