Trading Financial markets : Oil - WTI / Brent Crude

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PDC
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Joined: Sun Jul 24, 2016 5:52 pm

Sat Apr 25, 2020 6:48 am

If interested in what happened and why and what to look for going forward this is an excellent listen:


Motley Fool: Industry Focus Podcast: Energy: Oil Goes Negative For The First Time Ever

On Monday, West Texas Intermediate crude oil prices for May delivery fell from almost $18 a barrel to NEGATIVE $37. What caused it and what does it mean for the oil market? Motley Fool Contributor Jason Hall joins the show to break it all down.

https://www.fool.com/podcasts/industry- ... ve-for-the

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ShaunWhite
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Thu May 21, 2020 5:28 am

"At midnight, Shah got the devastating news: he owed Interactive Brokers $9 million. He’d started the day with $77,000 in his account....."
https://www.bloomberg.com/news/articles ... uge-losses

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Euler
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Thu May 21, 2020 8:12 am

Same story for people who can't get past Bloomberg's paywall: -

https://www.thenational.ae/business/how ... -1.1017416

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Euler
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Thu May 21, 2020 8:27 am

ShaunWhite wrote:
Thu May 21, 2020 5:28 am
"At midnight, Shah got the devastating news: he owed Interactive Brokers $9 million. He’d started the day with $77,000 in his account....."
https://www.bloomberg.com/news/articles ... uge-losses
Thanks for posting up that story. I was waiting for a few stories like that!

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