OIL Goes negative

Discussion in 'Other News' started by buzzarddriver, Apr 20, 2020.

  1. Apr 20, 2020 #1
    buzzarddriver

    buzzarddriver Road Train Member

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    Crude Oil Futures - CME Group

    Oil contracts have gone negative for this month. Next months contracts are around $21. Would be great if the truck stop had to pay you to buy fuel, but that's not how it works.
     
    buzzarddriver, Apr 20, 2020
    buzzarddriver, Apr 20, 2020
    #1
    Wasted Thyme and rachi Thank this.
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  3. Apr 21, 2020 #2
    Infosaur

    Infosaur Road Train Member

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    Berks County PA, to NYC (Daily?)
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    Yeah, someone said the spot market for gas was 12 cents a gallon. Locally it's still over $2!
     
    Infosaur, Apr 21, 2020
    Infosaur, Apr 21, 2020
    #2
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