In normal economies, the product does not have a negative price. If a company is at loss they just stop production and shut down the unit. But unfortunately that is not the case with oil, its different. Once an oil well is started, it is costly to shut down permanently or temporarily and then restart. This was the reason the price of oil futures gone done by 300% of the West Texas Intermediate(WTI) not the actual crude oil that you buy from the local gas stations. Yes, like any other commodities gold, silver you can invest, speculate, or hedge in oil futures. So the question arises what is the oil futures and how can you invest in that? There are basically three major oil futures you can invest in it. Brent Crude - Roughly two-third of the crude contract around the world is of the Brent. As it is waterborne in nature so it is easier to transport and cheaper to buy. West Texas Intermediate - The oil extracted from the US oil well and send by pipeline to Cushing, Ok...
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