US oil prices dip below zero; what it means for consumers : News Reel: Business Today
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US oil prices dip below zero; what it means for consumers

April 21, 2020

The price of a barrel of benchmark U.S. oil plunged below $0 a barrel on Monday for the first time in history, a troubling sign of an unprecedented global energy glut as the coronavirus pandemic halts travel and curbs economic activity. Watch as Rajeev Dubey, Editor, Business Today explains what it means for the end consumer.

Read: Why petrol prices won't fall even though US crude oil costs $0




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