In Brief: Why oil prices tumbled below $0

In Brief: Why oil prices tumbled below $0

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  • Episode
    • 404
  • Published
    • 22. apr. 2020
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Episode
404 of 1969
Længde
16M
Sprog
Engelsk
Format
Kategori
Fakta

COVID-19 lockdowns have taken a major swipe at the dominance of oil…as the worth of a barrel of U.S. oil tumbled to less than nothing. That's the first time in history that the price has turned negative. So, what does that mean exactly - and how did it happen?

To explain it all, we talk to CBC News national business correspondent, Peter Armstrong.


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