Oil prices collapse below zero in coronavirus crisis - what happens now?
They used to call it ‘black gold’ - well not right now. Yesterday, one set of US oil prices went negative for the first time ever. (Subscribe: https://bit.ly/C4_News_Subscribe)
Today, the tumult intensified: prices across the oil market falling to levels not seen in two decades.
Demand has collapsed in the worldwide lockdown, and now producers are running out of places to store the fuel nobody wants anymore.
-----------------------
Follow us on Instagram - https://www.instagram.com/Channel4News
Видео Oil prices collapse below zero in coronavirus crisis - what happens now? канала Channel 4 News
Today, the tumult intensified: prices across the oil market falling to levels not seen in two decades.
Demand has collapsed in the worldwide lockdown, and now producers are running out of places to store the fuel nobody wants anymore.
-----------------------
Follow us on Instagram - https://www.instagram.com/Channel4News
Видео Oil prices collapse below zero in coronavirus crisis - what happens now? канала Channel 4 News
Показать
Комментарии отсутствуют
Информация о видео
Другие видео канала
Bank of England to keep interest rates at 5%Two decades of endometriosis: ‘Nothing has changed’Central Europe reels from deadly floods as Italy becomes latest to be hitLSE takes top spot in UK university rankings for first timeLiam Dutton nails pronouncing LlanfairpwllgwyngyllgogerychwyrndrobwllllantysiliogogogochEnnio Morricone on Kubrick & The Good, The Bad and The Ugly | Channel 4 NewsWWII enemies reunited in D-Day anniversaryKenya's push for carbon capture profit threatens indigenous forest peopleThe Great Hack's David Carroll finally sees his Cambridge Analytica dataFrance mass rape trial: husband admits all chargesSouth Africa gripped by kidnapping crisisDame Judi Dench: I'm a Quaker and a 'peacenik' - videoTrapped pygmy blue whale freed from under wharf in New ZealandDavid Guetta interview (English): a victim of his own success?Back to school: What we can learn from Denmark’s coronavirus responseBoris Johnson: MPs vote on Partygate reportPeople forced to pull out own teeth as dentists go privateThe 'knife angel' removing weapons from British streetsThai woman escapes death by pythonInside a call centre on cost of living crisis frontlineYoung medics leaving Lebanon as country teeters on brink of collapse