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Free Fall, Oil Prices Go Negative
04-21-2020, 04:45 PM (This post was last modified: 04-21-2020 04:46 PM by toml_12953.)
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RE: Free Fall, Oil Prices Go Negative
(04-21-2020 02:10 PM)Albert Chan Wrote:  https://www.npr.org/sections/coronavirus...disappears

This negative price make the math weird.

-$20 → -$40: Gain = (-40/-20) - 1 = 100% Big Grin

However, I did not see the market people plot it this way ...

The article says they're running out of places to store the oil. How about this: JUST STOP PUMPING IT OUT OF THE GROUND?

Tom L
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RE: Free Fall, Oil Prices Go Negative - toml_12953 - 04-21-2020 04:45 PM



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