Coronavirus: US oil has dropped to below $0 dollars a barrel. Here's what it means

Apr 21, 2020

A 3D printed oil pump jack is placed on dollar banknotes in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic/Illustration - RC2K4G9FX0YE

Even if demand were to return to pre-virus levels, it would take a long time to sell all the stored oil. Image: REUTERS/Dado Ruvic/Illustration

Laila Kearney

Writer, Reuters

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U.S. crude oil's historic crash below zero.

US oil prices plunged below $0 a barrel for the first time in history. Image: Reuters

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