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.

Sign up now for inspiring and thought-provoking media delivered straight to your inbox.
Support Provided By
Season
May 18, 2025 - PBS News Weekend full episode
26:45
May 18, 2025 - PBS News Weekend full episode
May 17, 2025 - PBS News Weekend full episode
26:45
May 17, 2025 - PBS News Weekend full episode
May 16, 2025 - PBS News Hour full episode
57:46
May 16, 2025 - PBS News Hour full episode
May 15, 2025 - PBS News Hour full episode
57:46
May 15, 2025 - PBS News Hour full episode
May 14, 2025 - PBS News Hour full episode
57:46
May 14, 2025 - PBS News Hour full episode
May 13, 2025 - PBS News Hour full episode
57:46
May 13, 2025 - PBS News Hour full episode
April 5, 2025 - PBS News Weekend full episode
26:45
April 5, 2025 - PBS News Weekend full episode
January 12, 2025 - PBS News Weekend full episode
26:44
January 12, 2025 - PBS News Weekend full episode
January 11, 2025 - PBS News Weekend full episode
26:45
January 11, 2025 - PBS News Weekend full episode
June 24, 2024 - PBS NewsHour full episode
57:46
Israel's Prime Minister says the intense phase of the war in Gaza will end soon as Israel and the U.S. argue over weapons deliveries.
June 3, 2024 - PBS NewsHour full episode
57:46
After Claudia Sheinbaum becomes the first woman to win Mexico's presidential election, a look at what that means for U.S. relations.
April 21, 2024 - PBS News Weekend full episode
26:44
"PBS NewsHour" asks NATO’s Secretary General if the delayed U.S. aid to Ukraine is too late to make a difference.
Active loading indicator