4 ms·
Yes, that's what's happened. I was using this example to illustrate the disconnect between the market (which was trading oil like some immaterial stuff) and re
by kakwa_ 3y ago
Yes, that's what's happened.
I was using this example to illustrate the disconnect between the market (which was trading oil like some immaterial stuff) and reality (oil is definitely a product you need to store properly, plus oil storage is not infinite).
In fairness, because it occurred during COVID, i.e. a really abnormal situation, this is a bit of a weak example.