Skip to main content
Back to Show
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.

Support Provided By
Season
May 8, 2026 - PBS News Hour full episode
57:46
May 8, 2026 - PBS News Hour full episode
May 7, 2026 - PBS News Hour full episode
57:46
May 7, 2026 - PBS News Hour full episode
May 6, 2026 - PBS News Hour full episode
57:46
May 6, 2026 - PBS News Hour full episode
May 5, 2026 - PBS News Hour full episode
57:46
May 5, 2026 - PBS News Hour full episode
May 4, 2026 - PBS News Hour full episode
57:46
May 4, 2026 - PBS News Hour full episode
May 1, 2026 - PBS News Hour full episode
57:46
May 1, 2026 - PBS News Hour full episode
April 30, 2026 - PBS News Hour full episode
56:46
April 30, 2026 - PBS News Hour full episode
April 29, 2026 - PBS News Hour full episode
57:46
April 29, 2026 - PBS News Hour full episode
April 28, 2026 - PBS News Hour full episode
57:46
April 28, 2026 - PBS News Hour full episode
April 27, 2026 - PBS News Hour full episode
57:46
April 27, 2026 - PBS News Hour full episode
April 24, 2026 - PBS News Hour full episode
57:46
April 24, 2026 - PBS News Hour full episode
April 23, 2026 - PBS News Hour full episode
57:46
April 23, 2026 - PBS News Hour full episode
Active loading indicator