Question
On April 20, 2020 the WTI crude oil future price turned negative for the first time in history (see the graph below). Explain the reasons
On April 20, 2020 the WTI crude oil future price turned negative for the first time in history (see the graph below).
Explain the reasons of the negative price.
Propose your trading strategies that could avoid negative oil future prices.
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The Economics Of Money Banking And Financial Markets
Authors: Frederic S. Mishkin
12th Global Edition
1292268859, 978-1292268859
