Front Burner
In Brief: Why oil prices tumbled below $0 artwork

In Brief: Why oil prices tumbled below $0

Front Burner
15:36
Play episode

Show notes

COVID-19 lockdowns have taken a major swipe at the dominance of oil…as the worth of a barrel of U.S. oil tumbled to less than nothing. That's the first time in history that the price has turned negative. So, what does that mean exactly - and how did it happen? To explain it all, we talk to CBC News national business correspondent, Peter Armstrong.

More from this show

More
Now Playing
In Brief: Why oil prices tumbled below $0 — Front Burner | Josplay Music