Finance twitter: I have a question about negative oil prices. What happens if you hold oil contracts and then just refuse to take delivery? I am trying to understand why anyone sold when oil prices became negative. What are the consequences of not picking up your oil delivery?
-
-
See also section 8 on "take or pay clauses" I'm not well-versed in WTI or NYMEX or Brent contracts and I don't know if those clauses exist
-
@tracyalloway@JavierBlas could likely answer in greater detail for specific markets - Show replies
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.