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.
Yesterday
Gunshots, arson, threats: B.C.’s extortion crisis
<p>After meeting on the sidelines of the G20 in South Africa, Prime Minister Mark Carney and Indian Prime Minister Narendra Modi have announced they would restart trade talks.</p><p><br></p><p>It’s a long way from where the two countries have been for the last several years. Rela ... Show More
31m 37s
Feb 2024
How Surging US Oil Output Is Being Moved and Stored
US oil production has surged to an all-time record of more than 13 million barrels produced per day. But where's all that crude actually going? And how is it being handled and stored? On this episode, we speak with Steven Barsamian, chief operating officer at the Tank Tiger, a cl ... Show More
41m 34s