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Oil Crashes To NEGATIVE $40 Per Barrel
If you can’t store oil and are still long a soon-to-expire oil future, then you must pay someone who can. The “oil trade of the century” entombed many.
Somebody had to be paid to take and store the inventory of any expiring futures contracts who could actually taken physical delivery.
I twice commented and both were deleted. Why?
I made a market comment. Now, I don't see it.