Home Page : Archive News : May 2020 News : Traders feared June oil futures would go negative, instead they expire Tuesday possibly above $30

Traders feared June oil futures would go negative, instead they expire Tuesday possibly above $30

May 19, 2020

June's oil futures are at the best price in two months ahead of expiration, far different than the 300% plunge at May's contract expiration.

Source: https://www.cnbc.com/2020/05/18/oil-outlook-vastly-different-than-when-it-plunged-into-negative-territory-a-month-ago.html
 
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