Nine traders in a village reportedly made $660M on negative oil

On April 20, 2020, oil fell to minus $37 a barrel, a price that meant sellers paid buyers to take crude off their hands. A retrospective now circulating claims that nine traders working from a village outside London made about $660 million that day. The figure is a claim and we have not checked it. If it is right, the most profitable trade in a historic market collapse came from a small rural team, not a big Wall Street desk. It is a reminder that chaos pays someone, and that someone can be in an unexpected place.