An oil crash was to be expected, given the lack of demand and overfilled storage. But -99.9% doesn't happen, even in these circumstances. This was some big fish who were willing to dump everything at a worthless value. It seems plausible that a nuke or some other dooms day scenario is coming. Why else would people be selling for peanuts?
THE REAL REASON OIL CRASHED
an oil barrel just flew over my house!
I completely agree OP.
>Why else would people be selling for peanuts?
Because people are idiots.
All the way to the tip top.
they ran out of buyers and storing/transporting 42000 gallons of oil is expensive
SARS2 is was worse than they are letting on. We are most certainly going to be in a global conflict soon. I also think something else, major, is about to emerge...
Whoever made that image is retarded, the size of the rock itself is much smaller. That’s the size of its trail
but I also agree that it seems like something big is coming
>Why else would people be selling for peanuts?
Could be that some gigantic fund or bank realized they're going bankrupt when the economy takes a proper shit and decided to liquidate everything and transfer their money to safe havens while the market is still green.
Make no mistake economy will drop like a rock and we're going to go into gigantic depression and these large funds and banks are going to be in deep shit when that happens.