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US fuel prices News

22 Apr 2020

Why Indians will not benefit from falling crude oil price in the US

In a first, oil prices plummeted to negative on Monday (April 20) in the US as the demand for energy fell down sharply due to the coronavirus COVID-19 pandemic. According to The New York Times, the fuel storage tanks in the United States were near capacity making it tough for the companies to hold all the unused crude.

21 Apr 2020

US oil prices plunge below zero for first time in history due to COVID-19

In a first, United States oil prices plummeted to negative on Monday (April 20) as the demand for energy plunged sharply due to the coronavirus COVID-19 pandemic. According to The New York Times, the fuel storage tanks in the United States were near capacity making it tough for the companies to hold all the unused crude.

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