Market Focus
Too Much Oil With Nowhere To Put It
Yesterday, WTI crude oil delivered to Cushing in May 2020 traded below $0.00/bbl. This is a historical print. What we are observing is the last of the May 2020 futures longs getting out of their positions before the contract goes off the board later…
Interested in reading the full Daily Insight?
Read the full insight with instant access.
BCA Research | Daily Insights
Stay on top of market events and BCA's latest ideas, with high value, timely insights delivered to your inbox daily.
Stay Connected with BCA
Get our latest events and research insights delivered to your inbox.