HOTTER ON METALS: Negative oil and the storage super contango

Last month, analysts started warning that oil prices could fall below zero. On Monday April 20, they did.

The May futures contract for West Texas Intermediate (WTI) crude oil fell as low as minus $37.63 per barrel, the first time ever that the price of the commodity has...


Andrea Hotter

April 20, 2020

20:45 GMT

New York