Oil Price Information Service

Coronavirus Pushed Oil Prices In Negative Territory For First Time
Coronavirus Pushed Oil Prices In Negative Territory For First Time
Coronavirus Pushed Oil Prices In Negative Territory For First Time
For the first time in U.S. history, oil prices fell into negative territory as demand continues to dry up because of the stranglehold the coronavirus pandemic has on the global economy. Industry experts says the globe now has a lot of oil and very few remaining places to store it, thus meaning producers are paying buyers off their hands ...