PBS News Hour

Troubled global oil market tanks amid pandemic's demand drop

Economic damage from the novel coronavirus pandemic has knocked the bottom out of the oil market. The cost of benchmark U.S. crude oil, for delivery in May, actually fell below zero -- dragging down the entire stock market. And in some places, producers are running out of places to store unused oil. Special correspondent Ryan Chilcote joins Judy Woodruff to discuss the unprecedented numbers.

Troubled global oil market tanks amid pandemic's demand drop

4m 40s

WETA Passport

Stream tens of thousands of hours of your PBS and local favorites with WETA Passport whenever and wherever you want. Catch up on a single episode or binge-watch full seasons before they air on TV.