No, the price of a contract for future delivery to a specific location went negative just before the delivery date, at a time when there was almost no unoccupied oil storage nor transport capacity at said location.

In that circumstance you might sell your right to some oil for almost nothing rather than deal with the consequences of accepting it. You might even pay someone to take it off your hands.

Options is “right but not obligation”. Physically settled futures are an obligation at maturity.

Thanks for correction, that is true!

(Both instruments are not that popular in my country, so my daily language is to put both of them as synonym, while they are different animals in some details)