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  • Crude Oil Below Zero

     Ayesha updated 2 months, 2 weeks ago 8 Members · 8 Posts
  • M-Bilal

    Member
    September 4, 2021 at 10:34 am

    Crude Oil was once traded in negative price which broke all the records of history. Is there any chances that it will happen again?

  • Learning-Kid

    Member
    September 4, 2021 at 10:51 am

    I guess it was a once in a blue moon event and its not possible again in near future.

    • This reply was modified 2 months, 3 weeks ago by  Learning-Kid.
  • Avian

    Member
    September 8, 2021 at 8:15 am

    No idea, how was that possible. I don’t think in near future it will happen like this.

  • Savvytec

    Member
    September 9, 2021 at 1:49 am

    With economy picking up world over, demand for crude have bounced back. Lack of certainty and collapse of economy due to several factors were the reason for negative price. Logically it shouldn’t happen again, but then you never know. There are so many factors controlling the prices.

  • Caylie

    Member
    September 9, 2021 at 6:01 am

    No not possible at all. The prices are always high in any situation. Because of the economy it just crashed down.

  • Tecnik

    Member
    September 11, 2021 at 7:00 am

    Chances are very less that it might happen again.

  • Sortie

    Member
    September 11, 2021 at 11:34 am

    Chances of crude oil trading in the negative again cannot be totally ruled out, I think. The present economic recovery have helped crude oil. But with the circumstances always changing, nothing can be predicted for sure. As long as supply and demand is there we can just hope that such a situation will never repeat.

  • Ayesha

    Member
    September 12, 2021 at 5:49 pm

    I do not thing that is ever going to happen again.

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