Quote:
Originally Posted by RichieRich
I'm not understanding how the price of oil (WTI was at $1.00 USD/bbl (not a typo) as of 1151am today) plummeting is NOT leading to a huge market crash today? A bunch of producers and midstreamers in Calgary are still seeing their stock price supported or even going up at the same time as the oil bottoming out. Anyone?
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This is blowing my little mind.
Just hit NEGATIVE $1.94 USD/bbl.
Meaning "they" are paying people to take the oil away