Nearly all physical oil in the United States is trading negative

Author: Adam Button | Category: News

Every delivery point and grade

It's not just WTI now, every grade in the US is now deeply negative.
Every delivery point and grade
This is hard to believe. I haven't seen an updated Canadian oil chart but surely it's the same story.

It's not just oil either, Permian spot natural gas is trading at -$10/mmbtu
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