Re:Oil plunges below zero for first time with May contract e...
by koheripbal on Monday April 20, 2020 @12:17PM
(#22925312)
Not to mention they just had an IPO on their state oil company and raised a shot load of money.
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Re:Oil plunges below zero for first time with May contract e...
by lozaning on Monday April 20, 2020 @02:47PM
(#22926980)
I thought that had been called off no?
Re:Oil plunges below zero for first time with May contract e...
by beervirus on Monday April 20, 2020 @05:36PM
(#22928863)
They wound up doing a limited sale to local investors. It has been suggested that there was some "influence" applied to the investors to put the price where it needed to be instead of at the purely market price.