Getting Paid to Fuel Up? Not Quite, but Here’s Why Oil Prices Went Negative

Article Link: https://www.oddee.com/getting-paid-to-fuel-up-not-quite-but-heres-why-oil-prices-became-negative-52493/

Discussion posted by: David McNamara

We’ve seen plenty of strange stories come to light, as the spread of the coronavirus continues – from those who have taken to protesting lockdown restrictions, teenagers licking toilets, and the mass hoarders spending tens of thousands on toilet roll. Of all the unique stories however, none may seem stranger than the night the price of oil saw the biggest drop in the history of its trading. There are many businesses that are hitting their stride during this crisis, as they’re able to capitalize on increasing traffic – online gaming has seen a surge in an already successful market, and whilst the betting industry is struggling amidst the cancellation of sports, their counterparts in the online casino space have reported a dramatic increase in traffic.