are we looking at negative prices for crude oil futures in feb – mar 2021 ?

with the increase in corona virus cases in usa , europe and elsewhere , more lockdowns will be enforced …

which will result in a reduction of the need for crude oil and with the amount of layoffs increasing , we could see the value of crude oil futures dip into the negative values around feb. – mar 2021 …

if your country imports oil , you could buy the oil at these low prices , store them in floating oil containers around the coast line , where it can easily be unloaded to the emergency oil reserves

there are countries in the opec , brunei , russia , a lot of countries in africa from where you can buy oil .. it would make sense to buy from a country closest to you to save transportation costs