Tag: Oil

Oil is a smooth, thick liquid that is used as a fuel and for making the parts of machines move smoothly. Oil is found underground.

Barrel prices plunge below zero as coronavirus collapses demand, leaving global glut

by NH Politician

By Jonathan Garber FOXBusiness U.S. equity markets slid Monday as oil crashed below zero and closed at its lowest level since recordkeeping began in March 1983. The Dow Jones Industrial Average fell by as many as 489 points, or 2.02 percent, before paring its losses. The S&P 500 and Nasdaq Composite were down 1.53 percent and 1.01 percent, respectively, at their lows. […]