how long can WTI oil futures stay below zero? Surely this will bounce into a positive number although very low in a few days- it just ludicrous that a commodity should have a negative figure. Its almost suggesting that oil is toxic and therefore producers have to pay collectors to collect the toxicity. Although demand has fallen off a cliff, most producers will cut supply dramatically which should rebalance the markets to allow for WTI to get over the 0 price. Crazy times.
Oil & Gas for dummies, page-6
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