CFTC warns oil prices could go negative again

The Commodity Futures Trading Commission warned exchanges, futures brokers and clearing houses that “they are expected to prepare for the possibility that certain contracts may continue to experience extreme market volatility, low liquidity and possibly negative pricing.”

You’ll recall back in April when the May contract West Texas Intermediate crude price fell under below zero , settled in negative
Next week brings the June WTI contract expiry on May 19. Storage concerns ahs eased, and prices have recovered.