Negative oil is sold out.
Negative oil is sold out
Hudson Hall
Other urls found in this thread:
Ryder Morales
Imagine the return
John Ross
who the fuck is buying oil at $20 again
must be FED
Evan Robinson
10k barrels would be about 600k if you bought deep in the negative.
Christian Jenkins
>missed the opportunity of a life time
>again
Tyler Anderson
brent is $26 retard
this was litterally a nothing burger
Justin Lopez
Switched to the June contract
Kevin Gray
Wait so the oil crash from today that everyone was talking about has been fully reversed already?
Austin Myers
yeap, it's burger magic
Jason Green
Look at all these idiots
John Perry
may contracts ended, this is june contracts now
WTI is still worth $0.01 though
Jeremiah Parker
didn't the future expire today?
Elijah Torres
>WTI is still worth $0.01 though
No, it isn't, you stupid cunt. Oil production is being cut, and oil is still being consumed, there will be storage capacity for the June contracts.
Evan Collins
>oil is still being consumed
clearly not lmao enjoy your backyard full of barrels futures degen
Landon Turner
It literally is tho?
Brayden Miller
>there will be storage capacity for the June contracts
there won't retard
lockdowns will continue in every country for at least a month
nobody is buying oil
Caleb Rodriguez
cope harder
Josiah Diaz
No, tomorrow
Michael Morgan
You're fucked bitch. Oh well, when you lose literally everything no your shit oil trade, you can always take delivery and live in one of the barrels lol. Bitch.
Luis Howard
then how tf did it recover so fast? wtf happend?
Isaiah Smith
because this is all a result of runaway algorithmic trading. It's literally just computers dividing by zero and automatically selling shit. The stock market is a fucking scam. That's why they close the markets when there's a run like this, it give the computer algorithms time to reset.
Benjamin White
the contracts rolled over, you didnt miss out on anything
Liam Hughes
what're the chances they just killed everybody who personally participated in the shitshow and then reset the ticker and just pretend it never happened. would anyone know?
Dominic Fisher
the $21 is for next month delivery.
Owen Harris
Was any broker trading OIL with these prices even?
Parker Green
Retards don’t understand futures trading, oil was always trading around 21 some clowns trading futures got fucked because of future delivery
Andrew Gutierrez
I understand how futures and shit worked, but did anybody actually make money from this from betting against it?
Do CFDs on futures exists?
Jaxon Baker
>the price of oil was never negative. that was just some esoteric and complex wall street trader's anomaly that didn't impact anything
Oliver Perry
>t. doesn't understand how futures contract works
That's why you're a pennyless faggot.
Thomas Lopez
guys theres a line of oil trucks outside my house asking where to put it mums going to fucking kill me
Jace Lopez
This thread proves how little Yas Forums knows about financial markets. It’s honestly pathetic.