Re:Oil plunges below zero for first time with May contract e...
by pbhowmic on Monday April 20, 2020 @03:48PM
(#22927702)
Futures contracts are daily settled. So the difference between starting price and ending price has to be paid at end-of-day settlement.
[ Parent
| on HN ]
Re:Oil plunges below zero for first time with May contract e...
by selectodude on Monday April 20, 2020 @03:57PM
(#22927819)
https://finance.yahoo.com/quote/CL=F?p=CL=F
Prices didn't crash until this morning. Nobody was taking much of a loss before then.