It was taken away by the financial tycoons on Wall Street. The trading of crude oil treasure is generally forced to close the position 7- 10 days before the trading deadline. This system adopted by other banks effectively prevents irrational price fluctuations in the trading period. But only the Bank of China did not take such precautions. Also, after the Bank of China closed the transaction at 22: 00, it did not close the transaction again, and it should be settled at the current price of 1 1.7 USD/barrel; Even if there are transactions after 22: 00, there is still a protective measure, which is the so-called "liquidation when the margin falls to 20%" in the contract. However, the number of customers of China Bank has actually dropped to an unprecedented 300%, and it is still not peaceful. Everyone owes the bank a lot of money. Therefore, after paying as much as 24% commission, investors have to pay for the mindless operation of bank operators. The most fundamental thing is that the Bank of China does not actually have any actual operation of storing and dealing in oil. They just regard oil as a kind of "paper oil" and "financial derivative" and only use it for speculation on the books, instead of really accepting these dollars at the price of -37 dollars.

1. In the end, they still have to pay a heavy price and double these dollars to the truly powerful oilmen. At this low price, many people only look at whether the futures are delivered, and the quantity is far from enough. Because there are a large number of options and financial derivatives behind the futures price, the number of these options and financial derivatives is unknown. In the current financial derivatives market, a large number of financial hedging transactions have caused the loss of financial derivatives. The United States does not regulate the financial derivatives market and does not provide public data and account information. Whoever loses is invisible to the outside world. At the same time, the details of physical delivery are not fully displayed, and it is difficult for the outside world to see the benefits. That is, "oil", the king of the world's largest consumption of commodities, actually fell to MINUS 40 dollars in the early morning of Monday and finally closed at MINUS 37 dollars. New york oil prices opened lower in early trading on the 20th, continued to fall in intraday trading and accelerated in late trading. It rarely fell to a negative value at the close, with a drop of more than 300%.

2. At the close of the day, the futures price of light crude oil for May delivery in the New York Mercantile Exchange, which will expire at 2 1, rarely fell to negative value. The New York Mercantile Exchange light crude oil futures for June delivery also fell 18.37% to close at $20.43 per barrel. As of the close of the day, the futures price of light crude oil for May delivery in the New York Mercantile Exchange fell by 55.90 USD to -37.63 USD per barrel, a decrease of 305.97%. However, the current transaction price in June is still above $20. The global benchmark Brent crude oil trading price is still above $25. London Brent crude oil futures for June delivery fell by $2.565438 +0 to close at $25.57 a barrel, a decrease of 8.94%.