This is not the real price of oil. It's just a long squeeze -- an unfortunate side effect of the USO ETF as its rolling its holdings into the next futures contract.
See: https://www.bloomberg.com/opinion/articles/2020-04-20/there-...
See: https://www.bloomberg.com/opinion/articles/2020-04-20/there-...
The current situation is really well explained. Basically contracts which make you owner of oil end tomorrow. you have to store it somewhere then. or sell the contract quickly for -37$ before the market closes. Article for more details.