London Traders Hit $500 Million Jackpot When Oil Went Negative
Rail wagons for oil, fuel and liquefied gas cargo stand in sidings at Yanichkino railway station, cose to the Gazprom Neft PJSC Moscow refinery in Moscow, Russia. (Photographer: Andrey Rudakov/Bloomberg)

London Traders Hit $500 Million Jackpot When Oil Went Negative

(Bloomberg Businessweek) -- On April 20 the price of a barrel of oil for delivery the following month plummeted $40 in an hour, settling at –$37. It was the first time crude had ever crossed into...
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