1. Crude oil treasure refers to the trading products linked to domestic and foreign crude oil futures contracts issued by Bank of China for individual customers, which can be divided into American crude oil products and British crude oil products according to different reference objects.

2. On April 20th, 2020, US time, crude oil futures for May delivery once fell to -40 USD/barrel. The main reason of "negative oil price" is not only the production cost, but also the key factors are limited time, oversupply and inventory shortage. This is the first time in history that the price of crude oil has fallen below zero.

Tips:

1, the above explanation is for reference only.

2. All investment in financial derivatives is risky, which requires investors' financial risk management ability and is not suitable for investors without professional financial knowledge. In addition to basic financial knowledge, investors should also control their risk tolerance and not invest blindly.

Reply time: August 2020-17. Please refer to the latest business changes announced by Ping An Bank in official website.

[Ping An Car Owner Loan] A car can be loaned up to 500,000 yuan.

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