Hey, turn that abandoned municipal swimming pool into a money maker for your town!
From The Bloomberg Close, April 20, 2020:
The current May futures contract, which expires tomorrow, dropped to minus $37.63 a barrel. Underscoring just how acute the concern over the lack of storage is...
This means that oil for delivery next month has essentially been deemed worthless, suggesting sellers may have to instead pay someone to take it off their hands.