Oil is currently $5/barrel if you look at May Futures. But the reality is, May futures expire tomorrow and nobody is buying them, so low liquidity lead to a crash. Oil is still priced at ~$22/barrel, it& #39;s just May contracts that are worthless.
Here& #39;s a more in-depth explanation of why oil futures ≠ reality https://twitter.com/gilbeaq/status/1252293724215762950">https://twitter.com/gilbeaq/s...
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