US WTI Crude Oil Collapses to Negative -$37.63 Per Barrel -The May contract for the first time in history
Trader: Sorry Sir, I am not sure whether you are selling or buying?
Oil Company: I am selling.
Trader: Are you sure? But you pay me?
Oil Company : Yes, I am sorry, Sir. No kidding. Just take it! The question is how much shall I subsidize you if you take it?
The problem is you can pour the milk to the drainage, but oil!
Some of the websites do not display as the software doesn’t have negative figures!
We are lucky to see this history!
20 April 2020
See the contango opportunity? More ships will be employed to floating storage!
Source:Dragon Shipping
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