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Thread: Oil Prices Plunge

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04-20-2020, 02:12 PM #3
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Originally Posted by Ben Rhimene

Thanks Doc.

To be clear, those headlines are a bit misleading. The May contracts expire tomorrow and there is zero demand for them and drives what is called the "prompt" price so far down. June contracts were $22 on the screen just before lunch.

Having said that, the markets are in the shitter...

Perfect time to buy...and hold.
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