Oil price dropped today and yesterday. What to know?

(Last Updated On: April 21, 2020)
Learn the Secret

Get  our 2 Free Books

Get these now which land directly to their inbox.
Invalid email address

As you know, the oil priced dropped into negative territory yesterday. It is still in turmoil today. Let me know what you think as here are some comments of each posting from my Facebook programming group.

Generated yesterday
https://www.forexlive.com/news/!/cme-says-oil-futures-can-trade-negative-20200420

it’s negative… -35 $ right now

I hope software devs expected this and made software to handle this accordingly.

https://oilprice.com/Energy/Oil-Prices/0-Oil-Forces-Canada-To-Shut-Down-Crude-Production.amp.html

You can’t shutdown it.

Earlier today:

So time to buy I guess.

Would you long into WTI crude oil now?

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!
This entry was posted in Trading and tagged , on by .

About caustic

Hi i there My name is Bryan Downing. I am part of a company called QuantLabs.Net This is specifically a company with a high profile blog about technology, trading, financial, investment, quant, etc. It posts things on how to do job interviews with large companies like Morgan Stanley, Bloomberg, Citibank, and IBM. It also posts different unique tips and tricks on Java, C++, or C programming. It posts about different techniques in learning about Matlab and building models or strategies. There is a lot here if you are into venturing into the financial world like quant or technical analysis. It also discusses the future generation of trading and programming Specialties: C++, Java, C#, Matlab, quant, models, strategies, technical analysis, linux, windows P.S. I have been known to be the worst typist. Do not be offended by it as I like to bang stuff out and put priorty of what I do over typing. Maybe one day I can get a full time copy editor to help out. Do note I prefer videos as they are much easier to produce so check out my many video at youtube.com/quantlabs