The cascading economic effects of plummeting oil prices

The collapse of the global oil market reflects a broader drop in demand across all areas of the economy, as business activity during the pandemic remains near a standstill. What caused this historic decline in oil prices, and what does it mean for other sectors? The New York Times' Neil Irwin joins Judy Woodruff to discuss a sudden drop in consumption and what might happen to the oil market next.

from PBS NewsHour - Segments https://ift.tt/2VMGudf