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pbhowmic
on April 20, 2020
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Oil plunges below zero for first time with May con...
Futures contracts are daily settled. So the difference between starting price and ending price has to be paid at end-of-day settlement.
selectodude
on April 20, 2020
[–]
https://finance.yahoo.com/quote/CL=F?p=CL=F
Prices didn't crash until this morning. Nobody was taking much of a loss before then.
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