Home Page : Archive News : April 2020 News : Oil prices could soon turn negative as the world runs out of places to store crude, analysts warn | |
Oil prices could soon turn negative as the world runs out of places to store crude, analysts warn | |
April 02, 2020 The coronavirus crisis has led to an unprecedented demand shock in oil markets, with storage space quickly running out. Source: https://www.cnbc.com/2020/04/01/coronavirus-oil-prices-could-turn-negative-as-storage-nears-capacity.html |