D&D Note (4.21.2020) ~ Collapse of Oil Drags Market Down ~ Today is the final day of the May contract for WTI Oil and while we’ve see the May contract rally 126% from yesterdays collapse it is still only at $10. The June contract has lost 36% of its value to around $13 and that … Continue reading
D&D Note (4.20.2020) ~ WTI Crude Oil Falls to Negative On Expiration of May Contract For First Time Ever ~ The May 20 contract of NYMEX WTI Crude settled at negative -$37.63 a barrel down over negative -200%. This was the first time in history WTI fell negative. The June 20 contract is trading at … Continue reading
