Rising Stockpiles Drown The Oil Market!

Lockdown measures have crippled the demand and supply is not falling quickly enough to keep up.
Oil-storage tanks around the world are rapidly filling with crude, leaving the new production coming out of the ground with nowhere to go.
The overwhelming glut is threatening one of the world’s vital industries and could prolong the economic fallout from the coronavirus.
As storage filled, one price for U.S. crude recently fell below $0 a barrel—a first in oil-market history.
Effectively meaning...