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Negative oil prices are not a new phenomenon

In several sectors of the economy, negative prices have existed for years, and can be found in power generation and banking.

NEGATIVE prices for oil have caused a sensation in the last few days. The price of a barrel of West Texas Intermediate (WTI) fell to minus-US$40. But the phenomenon of negative prices is by no means new.

In several sectors of the economy, negative prices have existed for years, meaning...

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