Negative Oil Prices | Explained by Dhruv Rathee
The crude oil prices in USA have went below zero to touch a historic low of -$40 per barrel. This is unprecedented since it hasn't ever happened before ever since oil futures started trading in 1983. I explain you in this video why it happened and what are its consequences. I also explain you the concept of oil benchmarks like WTI, Brent Crude and how futures trading works. How traders and investors can invest in oil which causes fluctuations in the oil prices.
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