Oil just fellow bellow $0 a barrel

SmokyQuartz

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Welcome to the future yall
1hobtj.jpg
 

TNOT

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Quick lesson that’s May’s price

June’s futures price is right a 20$

prices could rollover tomorrow so June could down more.

There’s no storage capacity
There’s no global demand

if you have a oil contract expiring you have to store it yourself or pay some one 35k to take it off your hands. Oil futures trade x 1000
 

TNOT

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Shutting production is expensive. You’ll pay less at the pump now, but best believe when shyt get cracking again and it will, get ready for 4 /gal gas
 
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