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CRUDE oil traded negative!

This topic has 4 replies, 2 voices, and was last updated 6 years, 1 month ago by hong pill Richard Ong.

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- April 20, 2020 at 8:15 pm#1723
  FractalFreak
  Participant
  https://www.forbes.com/sites/jimcollins/2020/04/20/the-us-oil-etf-uso-is-the-culprit-behind-oils-massive-plunge/#6eb4373424e8
- April 20, 2020 at 8:16 pm#1724
  FractalFreak
  Participant
  This article above explains nicely what happened, why oil was trading BELOW zero, how the ETF USO impacted the market etc.
- April 20, 2020 at 8:16 pm#1725
  FractalFreak
  Participant
  OIL charts:
- April 21, 2020 at 1:51 pm#1728
  FractalFreak
  Participant
  Commercial users could easily predict the short squeeze against the DM longies:
- April 21, 2020 at 3:06 pm#1731
  hong pill Richard Ong
  Participant
  None expect it will fall below 0. Impossible but it happen.
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