Quote:
Originally Posted by denphone
Given the total collapse in demand some countries are running out of capacity to store it l hear.
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Quote:
Ed Conway, Sky Economics Editor:
Utterly extraordinary. US crude oil prices just dropped into NEGATIVE territory. Current price of a barrel of WTI oil for delivery next month: -$1.43.
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How does this work, if I order 1 Million barrels, do they have to pay me $1.43 to take it. making me over a $ 1 Million richer.