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The older I get, the more I see a straight path where I want to go. If you're going to hunt elephants, don't get off the trail for a rabbit. – T. Boone Pickens, oil magnate
I always thought the lower bound was -100% without leverage. Apparently, incorrect when it comes to oil futures. For the first time in history, U.S. oil prices crashed into negative territory as the loss of any demand was crushed in the coronavirus pandemic. West Texas Intermediate, the U.S. benchmark, traded as low as $-40.32 a barrel in what can