Traders all want to avoid having to physically take oil in May, because there is a good chance that by then there will no longer be a place to store them /Pressassociation
The market price of a barrel of crude oil has temporarily turned negative on Monday. Due to the price drop, a barrel of 159 liters of oil was worth $-37,63 at its lowest point. This means that oil companies pay traders to buy oil, to prevent that oil production in certain fields has to be
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