apr 20, 2020 - US oil goes negative for the first time
Description:
Oil prices fell below $0 as demand plummets and America runs out of room to store barrels of crude.The coronavirus pandemic has caused oil demand to drop so rapidly that the world is running out of room to store barrels. At the same time, Russia and Saudi Arabia flooded the world with excess supply. (CNN Business)
Added to timeline:
Date:
apr 20, 2020
Now
~ 4 years ago
