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NAT - How You Can Profit From Negative Oil Prices: Tanker Stocks
Nordic American Tankers Limited
For the first time in history, oil prices have gone into negative. Coronavirus has halted the world and oil barrens have become the latest victim of the pandemic.
Over the last 150 years, oil has been the most sought-after commodity. Now, negative oil prices effectively mean oil owners are paying people to take oil off their hands.
Do you want to be one of these people?
Well, through the purchase of oil tanker stocks, you just might be able to.
Super Contango
Commodities traders and financial news sites are throwing around the term 'contango'