There’s Nowhere to Put the Oil

This week, the oil price dropped below zero. How is that even possible? And what does it mean? This piece by Bloomberg has the simplest, best explanation I found (it’s not as long as it appears – just the first part is about the oil price).

From Weekly Filet #299, in April 2020.

💔 Some older links might be broken — that's the state of the web, sadly. If you find one, ping me.

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