Negative Oil Prices Are Just The Beginning of Energy Market Wackiness
Oil prices plunged to negative $40 per barrel on Monday in what is becoming a perfect storm for oil markets. Demand for oil is down, storage is filling up, and traders are trying to unload the paper oil they own before they have to take delivery of actual oil.
How can oil trade at negative prices? Will you see a break at the pump? Should we expect oil prices to go higher in the coming days, weeks, or months? Here's what you should know about oil trading and how it affects the economy, oil stocks, and you.
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Source Fool.com
