Oil Prices Keep Slipping As Demand Drops By Record Amounts
The International Energy Agency says the industry is about to test the limit of how much oil it can transport and store, given the phenomenal drop in demand caused by the coronavirus pandemic.
Updated at 11:45 a.m. ET
The global oil industry is about to test just how much crude oil it can transport and store, according to an intergovernmental agency, as disappearing oil demand creates an unprecedented glut of crude oil.
The imbalance is
