General Discussion

BumRushDaShow

(168,119 posts)

66. From what I just heard on the local news radio station's business report

Mon Apr 20, 2020, 03:00 PM

Apr 2020

the -$37.63 was what that contract settled for - had the article here - https://www.democraticunderground.com/?com=view_post&forum=1002&pid=13319685

(obviously they are still trading though )

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

67 replies

= new reply since forum marked as read

Highlight:

Crude Oil has gone NEGATIVE! [View all] Roland99 Apr 2020 OP

The guy at the station offered me $10 if I filled my tank! n/t zackymilly Apr 2020 #1

lol Roland99 Apr 2020 #3

$1.24 here. n/t zackymilly Apr 2020 #6

This message was self-deleted by its author ahoysrcsm Apr 2020 #60

How much of that is taxes? N/T forthemiddle Apr 2020 #45

+1 KayF Apr 2020 #12

Any tweets from Don the winner Con? malaise Apr 2020 #2

Marketsm@ 2:20 elleng Apr 2020 #4

Thanks for looking that up for me... lame54 Apr 2020 #5

It's nice without all the chem trails. zackymilly Apr 2020 #8

Isn't it? Roland99 Apr 2020 #9

Yes it is! nt. Akacia Apr 2020 #64

Time to call those shady waste disposal people exboyfil Apr 2020 #7

Trump gets played by the Saudis and Russians. DrToast Apr 2020 #10

Trying to rent or buy.... OneBlueDotBama Apr 2020 #11

$-35.93 SouthernCal_Dem Apr 2020 #13

Why haven't they shut down trading? Roland99 Apr 2020 #15

I don't think they do that for oil SouthernCal_Dem Apr 2020 #22

Is that per bbl or the daily loss from yesterday's close? Roland99 Apr 2020 #24

Now I'm seeing $-25.11 SouthernCal_Dem Apr 2020 #28

Here's a link to CME quotes SouthernCal_Dem Apr 2020 #36

Thanks Roland99 Apr 2020 #46

-8.61/bbl!! Roland99 Apr 2020 #14

Now minus ten & change OneBlueDotBama Apr 2020 #16

All because a Dem *hoax shut down the nation Roland99 Apr 2020 #18

Sounds to me like Texas may be in play for Biden. SoonerPride Apr 2020 #17

If nothing else, Wednesdays Apr 2020 #67

Contract traders can't deliver Turbineguy Apr 2020 #19

Whoa .. did silver go negative because treasuries were putting out so much? uponit7771 Apr 2020 #26

There are two markets Turbineguy Apr 2020 #38

Was that when the Hunt brothers were trying to corner the market? Adsos Letter Apr 2020 #47

Yes Turbineguy Apr 2020 #53

? Reminds me of Eddie Murphy movie where he was made rich for a dollar uponit7771 Apr 2020 #57

"Get back in there and sell, sell!" Adsos Letter Apr 2020 #58

Trading Places Roland99 Apr 2020 #65

What????? Newest Reality Apr 2020 #20

Does that mean they'll be giving it away? Renew Deal Apr 2020 #21

Storage sites are full Roland99 Apr 2020 #23

Even better they are paying people to take the pure oil per barrel uponit7771 Apr 2020 #27

K&R, I'm trying to figure out how to short June contracts right now uponit7771 Apr 2020 #25

Do I hear minus 30? anyone? OneBlueDotBama Apr 2020 #29

do I hear minus $40? OneBlueDotBama Apr 2020 #34

Interesting times (nt) Recursion Apr 2020 #30

Whoa! Buckeye_Democrat Apr 2020 #31

-39.14/bbl!!!!! Roland99 Apr 2020 #32

NYT explains how this is even possible Mike 03 Apr 2020 #33

Trump could fill his tower C_U_L8R Apr 2020 #41

Awesome, in for 10 barrels. Wonder if my wife will mind if I store them in our spare bedroom... cbdo2007 Apr 2020 #35

Ask the local rec dept.... OneBlueDotBama Apr 2020 #39

OMFG BumRushDaShow Apr 2020 #37

That graph is incredible. OAITW r.2.0 Apr 2020 #48

Brent was still over $25/bbl BumRushDaShow Apr 2020 #51

We should be adding to our strategic reserve right now....... lastlib Apr 2020 #40

we are actually doing that, but the SPR is tiny compared to the glut we have right now Amishman Apr 2020 #55

Ok. Starting a GoFundMe. Who wants to buy oil fields with me! Roland99 Apr 2020 #42

Dennis Gartman on Bloomberg just used the D word. roamer65 Apr 2020 #43

U.S. oil's May contract just marked history, plunging about 300% BumRushDaShow Apr 2020 #44

Slowly creeping back up again BumRushDaShow Apr 2020 #49

Yeah. But now stocks heading down Roland99 Apr 2020 #52

I've been watching gold too BumRushDaShow Apr 2020 #54

If one is going to buy on the dip, it doesn't seem like it gets any dippier than it is now Submariner Apr 2020 #50

Now back down to -$30.40/bbl BumRushDaShow Apr 2020 #56

Had bottomed out again at -$37.45 and creeping back up again BumRushDaShow Apr 2020 #59

The Gang Solves the Gas Crisis...nt SidDithers Apr 2020 #61

As of 3:43 pm EDT BumRushDaShow Apr 2020 #62

Insane Roland99 Apr 2020 #63

From what I just heard on the local news radio station's business report BumRushDaShow Apr 2020 #66