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Negative Oil Prices | Explained by Dhruv Rathee

Conscious Mind's
Conscious Mind's - 283 Views
718
283 Views
Published on 22 Apr 2020 / In Film and Animation

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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