Oil Prices Go Negative

The Oil Price Crash in One Word: ‘Inelasticity’

https://www.bloomberg.com/news/articles/2020-04-20/the-oil-price-crash-in-one-word-inelasticity

Oil Plunges Below Zero for First Time in Unprecedented Wipeout

https://www.bloomberg.com/news/articles/2020-04-19/oil-drops-to-18-year-low-on-global-demand-crunch-storage-woes

Lesson in Spot versus Future Prices:

Oil Costs Less Than Zero Now, but $30 This Fall

https://www.wsj.com/articles/why-oil-is-11-a-barrel-now-but-three-times-that-in-autumn-11587392745

This Is Why Oil Turned Negative, and Why It Will Be at $20 on Tuesday

https://www.barrons.com/articles/oil-turned-negative-may-contract-june-commodities-markets-storage-delivery-51587411176