The Financially Independent Podcast

Episode 31 - Oil Crash 2020


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On April 20, 2020, the WTI crude oil index hit negative prices for the first time in its history. Meaning that sellers were willing to pay buyers to take oil contracts off their hands due to the lack of storage capacity. In this episode, we explain how and why this came to be as well as who could be the biggest losers of this unprecedented event.
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The Financially Independent PodcastBy The Financially Independent Podcast