May WTI Contract Crashes To $1; Alaska, Bakken, & Edmonton All Pricing Negative

by Tyler Durden
ZeroHedge.com
Mon, 04/20/2020

Update (1335ET): WTF WTI! The May contract just traded at $1.03… It was $10 90 minutes ago!

The prompt spread (May-June) is now at a record $20…

And now Alaska, Bakken, and Edmonton are all trading negative

This entry was posted on Monday, April 20th, 2020 at 1:46 pm and is filed under Economics, Oil. You can follow any responses to this entry through the RSS 2.0 feed.