I just saw this news (Twitter) that Western Canadian Select (WCS) oil is now trading at negative. Is WCS a public traded thing that we can buy and sell on Questrade like any other stocks? I looked on Questrade, and it doesn't appear that it is a stock. Any ideas if it is public traded and how to buy it?

  • WTI oil went negative but that's for the contract expiring tomorrow as April 21, 2020 . Ticker USO rolls out of the current contract with two-weeks remaining. Also, they begin as 80% current contract and 20% next dated contract.
    – S Spring
    Apr 20 '20 at 18:23
  • If you did succeed in buying it what would you do with it? Apr 20 '20 at 19:14

It's not a stock - it's the spot price for this particular blend of crude oil. Can you buy it? Sure, but you have to be able to store it. Unless you have a few thousand 55-gallon drums in your backyard this will be a problem for you.

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