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Default Oil...

Keyser Soze Wrote in message:
Oil just did something that made even market veterans shake their heads in wonder +IBQ the soon-to-expire May contract for West Texas Intermediate crude on the New York Mercantile Exchange traded, and closed, in negative territory.+IBw-I+IBk-m not sure how to react to that other than say that nobody, whether they+IBk-re 120 years old or whether they+IBk-re 20 months old, has ever seen an oil price lower than this,+IB0 Tom Kloza, a 40-year market veteran and head of global market analysis for Oil Price Information Service, told Marke****ch just minutes before the market closed on Monday.The negative finish means the holder of a long position would be required to pay someone to take that contract off of their hands. Negative oil prices would seem to be a foreboding sign about the outlook for an economy kicked in the teeth by the COVID-19 pandemic.MORE MAGA...-- MAGA - Manipulating America's Gullible Assholes


Surely you can afford several barrels today. Hurry up that price
won't last.
--
..


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