Oil price negative?

NexusFi · 2021-01-23T18:00:33-05:00

Above article reads more like a novel and I would like to see proofs that the article what it is talking about is correct. I would like wager that there are many false claims made in that article. The corona panic caused a huge downward pressure on the price and traders were quick to find a victim amid fall of demand. I still remember reading article where people were suggesting best deal ever to rent oil tankers to store oil near zero and sell later after it recovers. Very few people listened. Most of seasoned …

Discussion in Commodities

Updated January 23, 2021

Oil price negative?

January 23rd, 2021, 06:00 PM	#261 (permalink)
M4STR0 Florence Posts: 27 since Jan 2021 Thanks Given: 23 Thanks Received: 9	If I had a CFD long on CL during the subzero down, would I owned my broker by law all the borrowed monies for the leverage? I heard that if a CFD goes zero is like you own everyhing to the broker xD is that true?