When Oil Went Negative: Inside the Night the Market Collapsed｜49th Floor Trading Room EP03

On April 20, 2020, West Texas Intermediate (WTI) crude oil futures crashed below zero for the first time in history, hitting a staggering negative price of -$40 per barrel. From a trading room on Hong Kong’s 49th floor, we witnessed the unprecedented market collapse live. This episode breaks down the technical triggers, delivery mechanics, and structural flaws behind the historic WTI crash — revealing how retail traders suffered massive losses and why the system failed.
👉 Read the full article series｜“Midnight Witness” — 49th Floor Trading Room
• Hong Kong Central version: 《我哋點樣親眼睇住油價跌到負數》
• Taipei Xinyi version:《我們如何目睹油價變成負數的歷史時刻》
• Singapore Marina Bay version: 《How We Watched Oil Prices Turn Negative, Just Like That, at Marina Bay》
• Shanghai Lujiazui version:《午夜见证：地狱之门》

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