Posted by Jeff Desjardins, Visual Capitalist
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On April 20th, 2020 futures for crude oil’s US benchmark (WTI) went into negative territory – meaning for the 1st time in history producers would pay traders to take oil off their hands.
While it’s unlikely you’ll be paid to take gas from the pump in the near future this does not give any indication of how out of whack the oil market is…click for full article.
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