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Coronavirus: oil price collapses as demand falls further – BBC News

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The price of oil has plunged further as the coronavirus pandemic leads to falls in demand around the world. In the United States some oil prices turned negative – with oil producers in effect paying buyers to take supplies.

Meanwhile some countries are continuing to ease the lockdowns they put in place due to the pandemic. New Zealand is relaxing rules on local travel, following some easing of coronavirus restrictions in Germany and Denmark.

In the UK Boris Johnson is said to be very wary of relaxing restrictions too soon due to concerns it could lead to a second wave of coronavirus infections. The Prime Minister is continuing his recovery from the virus at Chequers, his country residence.

In the United States protesters have taken to the streets demanding an end to the lockdown. The US is feeling the economic effects of the pandemic, with unemployment soaring – more than 22 million Americans have put in new claims for benefits in the last month.

Huw Edwards presents News at Ten reports from Business Correspondent Michelle Fleury, Science Editor David Shukman, Political Editor Laura Kuenssberg and North America Editor Jon Sopel.

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30 Comments

30 Comments

  1. @eddiedeleon2425

    January 27, 2024 at 5:49 pm

    REVERSE

  2. @tanujSE

    January 27, 2024 at 5:49 pm

    Great sexual games are played looking at religious economics inferior and superior,bascially religious sexual growth is persecution and hereby we see divide and rule,muslim hitting towards inflation,oil prices etc

  3. @z0fn

    January 27, 2024 at 5:49 pm

    Spongebob

  4. @elenacorban3297

    January 27, 2024 at 5:49 pm

    'You don't mix oil and water to make pace; the oil may burn but only on the surface, after it completely burns, the oil disappears but the water stays' ( like a magic trick) physics is beautiful when you understand it, science makes sense when you keep practicing… yet for so many logic is missing

  5. @catmosim5854

    January 27, 2024 at 5:49 pm

    You suck

  6. @t1349httify

    January 27, 2024 at 5:49 pm

    Blame it on Biden. We are now depending on foreigner oils because of Biden's executive order.
    And the Russia and middle east countries can gouging us.
    Russia and saudi are laughing as us right now.

  7. @njb9192

    January 27, 2024 at 5:49 pm

    They'll still increase the price at pumps, it's called Racketeering!!!!
    About time we all grew a pair and told this government to fk off

  8. @khooboobeng2184

    January 27, 2024 at 5:49 pm

    High time to pay less. We have been paying like nuts?

  9. @arminwien

    January 27, 2024 at 5:49 pm

    what an ugly brown nosing report. BBC licking Johnson ass

  10. @hernanebatistaz996

    January 27, 2024 at 5:49 pm

    This is a great video. I am using it in my own website about this topic here: https://binbitforex.club/%ef%bb%bfoil-prices-turned-negative/

  11. @ChaserPlays

    January 27, 2024 at 5:49 pm

    Oh neat, the media is showing good news for once

  12. @sleepywatcher

    January 27, 2024 at 5:49 pm

    Lol

  13. @TF12191

    January 27, 2024 at 5:49 pm

    Hopefully the collapse of BBC tax as well

  14. @ExploreLearnEnglishWithGeorge

    January 27, 2024 at 5:49 pm

    Trump will see his die-hard followers die hard.

  15. @ExploreLearnEnglishWithGeorge

    January 27, 2024 at 5:49 pm

    People were freaking out when there were 1000s of cases in the country, now there are well over a 100 thousand with 10s of thousands dead and people are looking at reopening everything.
    Closing down with thousands infected – reopening with hundreds of thousands infected
    One doesn't need to be a nobel price laureate in the field of epidemiology to know that this idea is desperate and will equate to many more deaths.

  16. @ExploreLearnEnglishWithGeorge

    January 27, 2024 at 5:49 pm

    Well, let's look at it, I would be happy to get approx a $1 million to begin with,so if it is $40/barel then I take 25 000 barels please. Address where to ship it given upon bank transfer completion. Thank you for the offers.

  17. @ExploreLearnEnglishWithGeorge

    January 27, 2024 at 5:49 pm

    It would be nice if the prices stayed negative after the lockdown is lifted in 2022

  18. @skiptomile

    January 27, 2024 at 5:49 pm

    lol only white people be prostesting

  19. @ayaansiddiqui3086

    January 27, 2024 at 5:49 pm

    But people spoiler it

  20. @ayaansiddiqui3086

    January 27, 2024 at 5:49 pm

    It should be in india

  21. @karanveersingh6367

    January 27, 2024 at 5:49 pm

    Lucky people of New Zealand.

  22. @shaukahodan2373

    January 27, 2024 at 5:49 pm

    Isn't America a side show for the world and just pure entertainment. Always seeking attention.

  23. @manikanthaarunpaturi368

    January 27, 2024 at 5:49 pm

    No oil companies to buy oil from international oil market amidst covid-19 crisis.So oil prices drop down .

  24. @user-ms7nz5rj9z

    January 27, 2024 at 5:49 pm

    And why dont we just give some barrels to somali pirates late for news? They might dont have any ideas about oil price ㅅ오ㅅlmao

  25. @gokul664

    January 27, 2024 at 5:49 pm

    Oil price down like 0 in the history of the world never seen this situation before. The future is low cost fuel of gases for the world.

  26. @hemarabadia5890

    January 27, 2024 at 5:49 pm

    I feel Trump has really failed his people. He need to assist them financially for them not to go into these scared frenzies. He needs to reassure them and show he cares for their well being. I see nothing, he does nothing, but there are those who are totally devoted to this guy.

  27. @leepshin

    January 27, 2024 at 5:49 pm

    So why aren't we seeing the prices plummit at UK pumps?

  28. @Project808

    January 27, 2024 at 5:49 pm

    The British look happy though

  29. @MrJacobElias

    January 27, 2024 at 5:49 pm

    China got Tank Man.

    USA got Pick-Up Nurse.

  30. @JayneFrogWoo

    January 27, 2024 at 5:49 pm

    I think protesters and conspiracy theorists should help on the front line and find out the truth for themselves.

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News UK

Coronavirus: Russia closed its far-eastern border with China – BBC News

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Boris Johnson tests positive for Coronavirus as numbers infected rise – BBC News

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Prince William pulls out of memorial service due to ‘personal matter’ | BBC News

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