The US oil market stepped through the looking glass on Monday. For the first time ever, Nymex WTI crude futures sank into negative territory, with the May 2020 contract at one point recording a price of minus $40.32 a barrel. In other words, some unwary investors were having to pay to give oil...
https://www.hellenicshippingnews.com/negative-prices-reveal-the-crisis-for-us-oil/