This question is asking why the oil (in this case, WTI) price is negative.
While I think I have broadly understood why WTI collapsed, I don't really understand why other oil pricing benchmarks didn't suffer the same fate. Brent oil, for example, to take the most famous one, suffered losses but was still around $20 per barrel.
What explains the fact that WTI and Brent acted in such different ways?
Is it that that Brent can be better stored? Transported? Refined?
Are the shut-in clauses or future contracts different?
What major factors explain why WTI went negative, while Brent did not?