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May 2020 futures contracts for WTI (that expire tomorrow) I'm oversimplifying it... there is so much more supply than demand that groups that can't take physic
by masonhensley 6y ago
May 2020 futures contracts for WTI (that expire tomorrow)
I'm oversimplifying it... there is so much more supply than demand that groups that can't take physical delivery of a contract (no space) and are paying to have it taken off their hands.
Better discussion here: https://news.ycombinator.com/item?id=22924321 https://news.ycombinator.com/item?id=22924321