How oil prices can be negative

The effects of the pandemic and a price war between Saudi Arabia and Russia forced oil prices on April 20 to sink into the negative territory for the first time in history. Although experts suggest it is unlikely to happen again since oil prices recorded its best month yet in May, the event gives a unique glimpse into the inner workings of the oil industry and the dangers of the futures market.
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Tue, Jun 16 20208:59 AM EDT