COULD OIL HAVE A NEGATIVE PRICE? — climate science

Glutted Oil Markets’ Next Worry: Subzero Oil Prices The Wall Street Journal, 15 April 2020 Traders of physical barrels of crude brace for the possibility of negative pricing The coronavirus pandemic is turning oil markets upside down. While U.S. crude futures have shed half of their value this year, prices for actual barrels of oil in…

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