How low can it go? Oil futures on Monday dropped into negative…

Thomas Schueneman

How low can it go? Oil futures on Monday dropped into negative territory to -$40/barrel. Demand has vanished in the wake of the Covid-19 pandemic and there's no place to store additional supply in a world awash in oil.

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Aishitiro
Aishitiro

roofing works: Worthless than nothing that is hilarious. But really serious problem. Now that oil is oveflowing, literally, I don't think wars on middle east are still igniting. Somehow it brings positive impact.


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Thomas Schueneman