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Negatives for the 1st time in history as demands dries up due to the global coated 19 pandemic on monday the price of crude oil fell to negative 37. 63 so anyone expecting a delivery would have actually been paid to accept it rather than paying to buy it to better understand this lets look at the most widely followed Oil Futures Contract in the United States west texas intermediate crude its june contracts fell over 40 percent with fewer people driving flying or shipping this combined with an excess in Global Oil Production has greatly contributed to the falling market just we have never seen anything like this and of course its a consequence of the pandemic which will eventually and still Oil Production production had already outpaced our need for it so ....
19 pandemic on monday the price of crude oil fell 8 to negative 37. 63 so anyone expecting a delivery would have actually been paid to accept it rather than paying to buy it to better understand this lets look at the most widely followed Oil Futures Contract in the United States west texas intermediate crude its june contracts fell over 40 percent with fewer people driving flying or shipping this combined with an excess in Global Oil Production has greatly contributed to the falling market just we have never seen anything like this and of course its a consequence of the pandemic which will eventually and still Oil Production production had already outpaced our need for it so where do you see the oil industry going from here is this a wake up call for it. ....
And by contributions to this pbs station from viewers like you. Thank you. America. Am laura trevelyan. Claims the band will protect President Trump claims the band will protect american jobs but it is facing backlash. In russia, Small Businesses arer under threat the coronavirus outbreak. At is a political problem for plus, how your back is taking thee. Train of working from h at will explain how to avoid the aches and pains ow triple s that now triple s troubl e us. Get up and ve. U could have the most perfect posture for eit hours and you will still be sore. Laura for all of watching on pbs and around the globe, welcome to world news america. There are now more than two point 5 million confirmed cases of coronavirus around the world. 2. 5 million confirmed cases of coronavirus around the world and the u. S. Has more than ryy other cou pressure grows to limit the economi ....
Supplies left. What am i going to do with 400 ventilators when i need 30,000 . And strict new guidelines are announced. Everybody who was in new york should be selfquarantining for the next 14 days. As more states plead with the federal government, saying they are running out of time. New cruise ship crisis. Dozens of passengers and crew reporting flulike symptoms, stranded on board. Meals delivered directed to their rooms and waiter to the covid19 tests to be brought on board as the ship makes its way to florida. Olympic heartbreak. The summer games now officially postponed. Americas top athletes responding this morning. This moment is unprecedented, and its bigger than any sport. 12time olympic medalist swimmer ryan lochte joins us live. Also this morning, tornadoes hit the south. Devastating damage in mississippi, and a new storm on the move bringing heavy snow to the west. More possible twisters to the heartland. Were tracking the latest. And feeding america. What you need to know ....
Coming off the streets of indias capital delhi are deserted as the countrys 1300000000 people begin a 3 week lockdown Prime MinisterNarendra Modi warns that without the shutdown the country could be set back to back days. Im sorry kelly welcome to the program the German Parliament has approved a sweeping rescue package to cushion the economic blow from corona virus the legislation is designed to support Health Care Infrastructure and rushed billions of euros in aid to businesses that are struggling amid the pandemic and in a historic move lawmakers voted to scrap longstanding rules governing how much money the country can borrow. Parliament in crisis mode the bundestag has changed its rules to allow decisions to be taken with fewer members present the ....