Brent oil prices have already fallen to the lowest level for 17 years. The consequences for the U.S. oil industry if a coronavirus-induced recession drives down demand could be catastrophic.

In short, if oil prices remain under pressure, which seems likely, stock investors should be on the alert for a correction ...

The negative price is slightly less dramatic than it seems because it only applies to contracts for oil delivered in May, but at $20 per barrel the June prices are far below the $50 per barrel ...

Cheap oil leads to cheaper prices at the pump, which are often viewed as a boon for consumers. The average price in the U.S. for a gallon of regular gasoline fell to about $1.49 or less, more than ...

The negative prices are the result of a monthslong crisis in oil markets, beginning with a plummet in oil demand around the globe thanks to the spread of the novel coronavirus.

For the first time ever, the price of U.S. crude oil has gone negative as the coronavirus pandemic obliterates demand for energy. On Monday, traders and producers paid as much as $40 for the ...

One contract of oil futures buys 1000 barrels of oil, so what a negative price of $-40 means is that one could theoretically receive the rights to 1000 barrels of oil and at the same time receive ...

Gasoline doesn’t have a negative price — they won’t pay you to fill your tank. But cheap oil does lead to cheaper prices at the pump, usually viewed as a boon for consumers.

The price of U.S. benchmark crude that would be delivered in May was selling for around $15 a barrel Monday morning, but fell as low as negative $40 per barrel during the day.