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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 mcv on Monday April 20, 2020 @04:50PM (#22928385)
I don't know. Somebody has to take delivery of the cattle, so why not the guy who wants some cattle?
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Re:Oil plunges below zero for first time with May contract e... by chrisco255 on Monday April 20, 2020 @05:13PM (#22928641)
People do take delivery on commodities obviously but you don't want to go through a speculator for this.
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Re:Oil plunges below zero for first time with May contract e... by baq on Monday April 20, 2020 @05:06PM (#22928551)
yeah, this just makes the whole business of futures trading seem like a scam where the people actually interested in the things being traded are pawns.
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