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To: TexasGator

“ A historic drop occurred on April 20, (2020) when the price of West Texas Intermediate crude dropped by almost 300%, trading at around negative $37 per barrel”

https://www.cnbc.com/2020/06/16/how-negative-oil-prices-revealed-the-dangers-of-futures-trading.html


75 posted on 09/26/2022 11:40:48 AM PDT by NWFree (Somebody has to say it 🤪)
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To: NWFree

Futures ...


76 posted on 09/26/2022 11:43:42 AM PDT by TexasGator ( Gator in Florida)
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To: NWFree

““ A historic drop occurred on April 20, (2020) when the price of West Texas Intermediate crude dropped by almost 300%, trading at around negative $37 per barrel””

That was the expiring May contract. The June contract was $25 on the same day.


77 posted on 09/26/2022 11:48:13 AM PDT by TexasGator ( Gator in Florida)
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