• Possibly linux@lemmy.zip
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    8 months ago

    Actually a oil future is basically a promise to make oil for a certain price. There are also are vegetable futures

    That means the oil wasn’t produced yet

      • milicent_bystandr@lemm.ee
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        8 months ago

        But I do remember a story (on daily wtf) where a lady bought coal futures and somehow forgot or didn’t manage to sell, and a coal barge turned up in the river behind her office!