
Sign up to save your podcasts
Or


On Monday, April 20th, 2020, the news media exploded with breathless announcements and crazy click-bait headlines — Oil was selling for LESS than zero. In fact, at one point it was reported that the "price" of oil was selling from negative $37 per barrel.
Can you imagine it?
Turns out, it just wasn;t true. Never was. But a bunch of speculators lost their shorts BETTING in the futures market. Let's see If Jeff can explain.
By Jeff Hardy5
55 ratings
On Monday, April 20th, 2020, the news media exploded with breathless announcements and crazy click-bait headlines — Oil was selling for LESS than zero. In fact, at one point it was reported that the "price" of oil was selling from negative $37 per barrel.
Can you imagine it?
Turns out, it just wasn;t true. Never was. But a bunch of speculators lost their shorts BETTING in the futures market. Let's see If Jeff can explain.