Monday, 20 April 2020

Negative oil prices

A fun tidbit sent to me by a good friend in the money management industry.


NYM WTI Crude oil is negative $37.73. They pay you to take it. The catch: you need an oil tanker and a place to park it. It went down from $-11.42 in the 10 minutes we were emailing about it.



from The Grumpy Economist https://ift.tt/2KhnYV9

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