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\nNegative Oil Prices - Explained: Derivatives\n

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\n\nPublisher:\n\nEconomics Explained\n\n\n
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\nEarlier this week we've started seeing articles noting that oil prices have now gone into the negatives (meaning investors are paying to give away their oil). What is going on here? How does this make sense? As always with these weird...\nEarlier this week we've started seeing articles noting that oil prices have now gone into the negatives (meaning investors are paying to give away their oil). What is going on here? How does this make sense? As always with these weird and wonderful things, it's all basic economics. And to properly understand this, we're going to need to look at 3 things: Negative value items, the 2020 oil market, and how oil is actually sold!

Helping you become more knowledgeable about how the world works, our content covers the biggest topics and headlines through the eyes of economists. The team explores a wide range of subjects improving your ability to understand the world more clearly.
This is economics, explained.

Negative Oil Prices: Explained Part 3\n
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Resource Details

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Educator Rating
Not yet Rated
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Media Length
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6:09
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Grade
9th - Higher Ed
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Subjects
Social Studies & History
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Instructional Videos
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Source:
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\nEconomics Explained\n\n
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Date
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2020
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Language
English
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Audiences
For Teacher Use
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Fine Print: Educational Use
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Concepts

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crude oil, contracts, profit, prices, cost
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negative oil prices explained, the economics of negative oil prices, how do oil prices work, how do oil prices affect the economy, how do oil prices go below zero, how do oil prices go below 0, how do oil prices go negative, how do negative oil prices occur, why is the price of oil negative, how do oil prices impact the economy, oil prices negative, negative oil price, oil crisis, negative oil prices, oil prices explained, oil prices economics explained, economics explained, physically delivered, united states, oil futures, futures contracts, paying, speculators, literally, taking, contract, april 2020, producer, people, world, find, price, hand, deal, sell, agreed, meaning, speculator, settle, start, storing, negative
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\n\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" aria-label=\"Play video: Negative Oil Prices - Explained: Derivatives\" href=\"/subscription/new\">\"Negative\n\n
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