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As of writing, crude oil front-month contracts are -$35 per barrel. This is, by far, the worst day for crude oil in history. The commodity has done the (seemingly) impossible: falling over 100% in a day. In fact, crude oil declined 260%, which makes the previous 1991 record decline 35% look like small peas.
This means that those who are willing to buy May crude oil contracts are effectively being paid $35,000 to do so (one contract is 1000 barrels). June contracts remain at $21 which means those