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A comment on Oil plunges below zero for first time with May contract ending. Parent comment

Re:Oil plunges below zero for first time with May contract e... by tartoran on Monday April 20, 2020 @10:39AM (#22924168)
Sure but those are limited as well, and their capacity would probably run out. Those tankers would have to basically be docked and not be able to transport anymore. And then?
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Re:Oil plunges below zero for first time with May contract e... by dredmorbius on Monday April 20, 2020 @11:10AM (#22924488)
The point is that so long as there's weak demand, the oil's going nowhere, and the ships would be sitting regardless.

Though otherwise agreed: capacity is rapidly being saturated, and this isn't much of a win for shipping companies either.

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