Your email has been successfully added to our mailing list.

×
0 0 0 0 -0.00195069086968309 -0.0167976158222704 -0.0192359794093742 -0.020048767271742
Stock impact report

What negative US oil prices mean for the industry [FT.com - Mergermarket]

CME Group Inc. - Class A (CME) 
Last cme group inc. - class a earnings: 4/29 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.cmegroup.com
Benchmark crude oil prices traded withnegative pricesBut what are negative prices and what do they mean for the wider industry?What happened? oil prices traded below zero for the first time ever, meaning producers or traders were essentially paying other market participants to take the oil off their hands.It is the clearest sign yet that coronavirus, which has cut oil demand by up to a third worldwide, has turned the oil market on its head.The price crash came as the benchmark oil contract, known as West Texas Intermediate, headed towards its expiry date for May delivery, the month when demand hit from lockdowns and travel restrictions is expected to peak.Each month WTI future contracts, which trade on CME Group’s New York Mercantile Exchange, need to be settled with physical delivery of crude oil, giving a real-world link to one of the world’s most heavily traded derivatives.Normally this happens each month without incident or drama. But Monday was different. Analysts believe a la Show less Read more
Impact Snapshot
Event Time:
CME
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for CME alerts
Opt-in for
CME alerts

from News Quantified
Opt-in for
CME alerts

from News Quantified