$1 gets you 100 barrel contracts

When there is no more storage for said supply. You would have to rent a tanker for tens, if not hundreds, of thousands just to store it. Fucking retards, no wonder this country is full of poorfags.

Do you fuckers want ZERO POINT ENERGY or not, Zuck reckons you aren't worth it. Prove you are. Get it now.

ur an idiot, no?

youtube.com/watch?v=2wy-W-pYlds

EVERYONE INVEST IN OIL ITLL TURN AROUND

You have to take delivery at predetermined locations. For WTI in particular (the contract that hit negative prices today) it is delivered to Cushing, Oklahoma. Typically you'd rent storage capacity that is available in Cushing and pick it up from the storage units at your leisure, but those are full now. So you could pull up in a truck or something to take it, if you have them available.

>thinks he makes a good point
>proves to everyone he is a retard
This country

Attached: 46a.png (645x729, 97.41K)

since oil is -27 dollars right now, if i buy 10,000 contracts, do i get 270,000 dollars?

i know that i will eventually have thousands of barrels of oil show up at my house, but is 270,000 dollars enough for someone to come take it from me?

Probably but idk about anytime real soon. Buy the large caps if you want to play this, XOM, CVX.

There is no saving it, the contracts expire

Thanks, that's all I wanted to know.

If you aren't intelligent enough to answer his question then just shut the fuck up instead of shitting up the board with your useless bullshit.
Tired of retarded faggots like you gaslighting people and pretending to have expertise when you're just a fucking retard with a keyboard. No better than a kike.

You know you're doing the same thing right?

Attached: maxresdefault (15).jpg (1280x720, 81.97K)

Why aren’t the savings past on to real life? oil price hasn’t changed at all where I am

>world economy crashes
>retard speculators buy up May oil futures anticipating demand being back to normal and reselling for profit
>production remains more or less constant
>it's not, demand remains vastly below production

>almost time for May deliveries and all these dumb fucks are about to have millions of barrels of oil show up on their front lawns with absolutely zero buyers
>they are desperate to get rid of this oil, now even paying people to take the oil and store it somewhere, because whoever takes it will have to pay to store the oil

That's what's happening. Retards who bought May futures are getting wiped the fuck out.

it means nothing to you. you can't buy barrels of oil. its only for business's that can take physical delivery of oil.

Western nation cash reserves starting to empty. Nothing left. Now oil producers will have a while to pay their workers. If they stop. The oil stops. If they oil stops. The music stop.

Boog-a-fucking-loo time.

Please be wrong, I beg

You could have stopped this.

us oil industry is 100% fucked for a while now

>Western nation cash reserves starting to empty.
>he doesn't know how to BRRR
brrr.money

Feeling pretty fucking good now.

Attached: 1573753905739.png (657x527, 16.25K)

Thanks for this explanation based leaf. I love you

Can I make money off this user?
Help a stonks n0ob out