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Describe the reason behind the negative WTI oil future price on April 20, 2020. What does a negative future price mean to a long trader

Describe the reason behind the negative WTI oil future price on April 20, 2020. What does a negative future price mean to a long trader in the future contract?

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U.S. crude oil's historic crash below zero Price USD -10 -5 0 --5 --10 -13.0 -15 --20 --25 -30 --35 Auto 02:01 04:01 06:01 12:01 14:01 08:01 10:01 April 20 2020 16:01 18:01

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