During the early part of the covid lockdown, crude on the high seas was diverted to Nymex-related warehouses, causing a supply glut and pushing the price into negative territory, as buyers were unable or unwilling to take delivery due to the lockdown.
During the early part of the covid lockdown, crude on the high seas was diverted to Nymex-related warehouses, causing a supply glut and pushing the price into negative territory, as buyers were unable or unwilling to take delivery due to the lockdown.
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During the early part of the covid lockdown, crude on the high seas was diverted to Nymex-related warehouses, causing a supply glut and pushing the price into negative territory, as buyers were unable or unwilling to take delivery due to the lockdown.
