History in the Oil Markets


US oil prices plunge below zero for first time in history ...

Oil futures plunged into negative territory. This is dramatic.

From FT comments:

"It’s a future trade that went negative because the deadline for the contract was close to expiring and nobody wants to take delivery of oil they can’t store."



Vix promptly obliged by going up 10%. The recent rally in S&P remains a very hated rally.

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