USOIL futures - What happened?


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USOIL (WTI) became a very interesting asset to trade in April.
OIL companies aren't profitable with a OIL baril below the $50 price. This is one of the first sign a recession may come.
When futures dropped below $0, a lot of futures buyers didn't realize that buying this derivative means the OIL companies will deliver oil barils to your place.
I guess they learned the hard way what trading USOIL futures means

XAUUSD WTI

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