Trump Wants to Bailout Oil Industry Plus More Fireworks Coming with the June Oil Futures Contract?




from WallStForMainSt

Now that the May 2020 front month oil futures contract is closed out will hedge funds start to rapidly short the June 2020 futures contract?

A Deep Dive Into Crude Oil’s New Black Monday https://seekingalpha.com/article/4338…

Trump calls for U.S. oil industry bailout as prices plunge https://www.reuters.com/article/us-gl…

Trump floats funding for oil after historic market loss https://thehill.com/policy/energy-env…

Bank of China sold oil’s May contract into a historic implosion in crude — and retail investors may have gotten crushed https://www.marketwatch.com/story/ban…

The World’s Largest Oil Fund Scrambles To Survive, Reshuffles Holdings Again https://oilprice.com/Latest-Energy-Ne…

Oil prices signal that worse is yet to come for the economy: Analyst https://finance.yahoo.com/news/collap…

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