Stock market question.
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Stock market question.
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04-21-2020, 10:50 AM
I am no expert on oil futures, but I believe the price becomes negative when it cost more to store the oil than it is worth on the market. During The Great Depression when the price of corn went negative farmers were burning corn to heat their homes instead of fire wood.
As long as oil prices are this low XOM will be low. |
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| Messages In This Thread |
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Stock market question. - HarleyDog - 04-20-2020, 09:54 PM
RE: Stock market question. - fredtoast - 04-21-2020, 10:50 AM
RE: Stock market question. - Goalpost - 04-21-2020, 11:33 AM
RE: Stock market question. - HarleyDog - 04-21-2020, 02:09 PM
RE: Stock market question. - Benton - 04-22-2020, 12:44 AM
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