U.S. oil futures plunged below zero for the first time, showing that there is no capacity to store all the crude oil that the world does not need right now.

I saw a lot of misinformation on the Internet (especially on Crypto Twitter) when the WTI Oil futures contract collapsed and traded in the negative zone to almost -38$ per barrel. Negative prices mean that you can get paid to buy oil. But who can get paid to buy oil? You will learn by continuing to read below.

What happened yesterday? WTI Futures prices went into negative territory for May…

Vlado Petrushev

Managing Director — Petrushev Capital @dowlapet

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