Why Global Oil Demand Has Plunged During Lockdown

Send us a text Oil trynna go negative.. Drop it like it's hot.. Drop it like it's hot.. Global demand has plunged due to global lockdown, yet oil is still gushing out of the ground. How did we get to NEGATIVE OIL? Oil costs $ to store. Due to the economic collapse, oil isn't being used much in a time when oil historically is more expensive (summer season, more traveling)So all the storage facilities are filled up. And nobody who can store it will buy it from you. If you want to get rid...