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Last Checked Sept. 4, 2020

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Mon Apr 20 18:56:29 +0000 2020

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Nassim Nicholas Taleb @nntaleb

Every #RWRI we discuss the situation how *oil above ground* (hence the front oil future) can sqeeze suckers and have a negative value because it can be impossible to store during a glut and impossible to abandon because of EPA. Negative optionality from liability. — PolitiTweet.org

Bloomberg @business

BREAKING: WTI crude oil futures trade at negative price for first time https://t.co/pOSyH6AVtP https://t.co/XsoH1jG8WH

Posted April 20, 2020 Hibernated