re: Oil down to 17 dollars bbl

quote:

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Craziest day in oil history. It’ll bounce back to the teens in a couple weeks but holy shite.

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There is no storage, so unless someone buys it and burns it... probably in the neighbor of 20-30mb a day too much, where does it go?

I'm seeing 1 handle now, technically $2.00 even.

Update, spot $1.55.. and still smoking.