Whatever happened to places that “Bought” oil at negative $38?


So I remember during covid crash oil went to negative. People were paying to get contracts off their hands because they physically could not store the oil.

What ever happened with that? I assume they found the room because I didn't hear of a ton of companies dumping 1000 barrels into the ocean. Did companies that got paid to take the oil make a good buy? Any stories of what places had to do to make the extra room?

All I heard was the news stories and everyone going “This is crazy!!” but then almost nothing after that


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