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The original judgment was upheld in the second instance of the "first case" of crude oil treasure. What is the process of this case?
What happened was the transfer of crude oil warehouse.

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I have the following answers to the questions in the title.

1. What was the course of the case? The event of crude oil exceeding the warehouse occurred in 2020.

In 2020, affected by epidemic situation, politics, market, economy and other factors, the international commodity futures market fluctuated violently. On April 20, 2020, the settlement price of WTI crude oil futures contract was -37.63 US dollars per barrel, which led to the exposure of domestic banks and investment users and thus broke out. Crude oil treasure incident? .

Crude Oil Treasure is a trading product launched by Bank of China on 20 18. Is to provide overseas crude oil futures trading services for domestic individual customers.

The above is the case of crude oil treasure.

Simply put, it is because of the epidemic and various influences that the international crude oil price has fallen, and the customers who buy crude oil futures have been wiped out.

Second, my understanding of crude oil treasure. The crude oil treasure incident caused a heated discussion in China, and even fermented until someone collapsed.

This incident is because crude oil futures fell to a negative value, which caused heavy losses to domestic buyers of crude oil treasures, or almost all buyers of crude oil treasures broke their positions.

For example, if crude oil falls to a negative value, it means that people who buy crude oil not only lose money, but also pay back the money, because the original treasure is futures and spot trading. Not if you don't buy it. If you buy it, you have to go to the place of origin to take it away. If you don't take it away, you are ready to say goodbye to this world.

Third, my opinion. I have a buddy in my dormitory. Seeing the epidemic, he planned to buy crude oil at a price of 1 1,000 yuan. The whole class knew about it, but when he woke up the next day, he cried directly and was laughed at by us for a long time.