Question
On April 20, 2020, the price of May (West Texas intermediate) Crude Oil WTI became negative. The negative future price, which has never happened in
On April 20, 2020, the price of May (West Texas intermediate) Crude Oil WTI became negative. The negative future price, which has never happened in the past, shows the importance of carry cost (store cost for oil) in futures pricing. But, how exactly can you explain it?
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Impact Investing Instruments Mechanisms And Actors
Authors: Wolfgang Spiess-Knafl Barbara Scheck
1st Edition
3319665553,3319665561
