Incredibly, negative oil prices are a thing.
Yes, producers are paying buyers to take the stuff off their hands.
The announcement comes as Canadian bitumen sells for below $5 a barrel.
The realized or actual price of a barrel of Canadian oil was actually negative last week.
Western Canadian Select plunged below US$5 Friday — that's less than a six-pack of toilet paper.
Canadian oil is trading at a mere US$9 per barrel.
Traders are dumping stocks amid a lockdown in northern Italy and an oil price war between the Russians and Saudis.
Gas prices will be "roaring lower" in the coming weeks, but budget deficits will be doing the opposite.
The U.S. killed a top Iranian general in an attack at Baghdad's airport.
Donald Trump calls it a "very big mistake."