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Wednesday, April 22, 2020

As #Oil Storage Capacity Nears “Tank Top”, Negative $100 Oil Isn’t So Crazy Anymore

50 Million barrels of oil are being put in storage every week, that's what Germany, France, Spain and the UK consume.

Why Oil at Negative $100 Isn't a Crazy Bet Anymore
https://www.bloomberg.com/news/articles/2020-04-22/tanks-full-why-oil-at-negative-100-isn-t-a-crazy-bet-anymore

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