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RE: If Oil is -$35, are they going to start paying me to fill up with gasoline??? :)

in Funny4 years ago

It was jaw-dropping when I saw Bloomberg Tweet these updates yesterday, and I couldn't keep up. Every time I scroll, it gets even worse, and I believe May futures dropped to as low as $-37 yesterday. June contracts are next, and they've already dropped 30% at the time of writing 😱

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Yea, I saw they were trading at $5 last I checked. They were priced at $20 yesterday.