{"id":65674,"date":"2020-04-22T07:00:00","date_gmt":"2020-04-22T07:00:00","guid":{"rendered":"http:\/\/34.140.144.153\/2020\/04\/22\/oil-prices-crash-through-the-floor-as-storage-runs-short\/"},"modified":"2020-04-22T07:00:00","modified_gmt":"2020-04-22T07:00:00","slug":"oil-prices-crash-through-the-floor-as-storage-runs-short","status":"publish","type":"post","link":"https:\/\/guardian.ng\/tv\/oil-prices-crash-through-the-floor-as-storage-runs-short\/","title":{"rendered":"Oil prices crash through the floor as storage runs short"},"content":{"rendered":"<div class=\"dailymotion-responsive-container\" style=\"position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%;\"><div class=\"dailymotion-player\"><script src=\"https:\/\/geo.dailymotion.com\/player\/x1ee8e.js\" data-video=\"k7Ho0bdIdaNJnxvZmdf\"><\/script><\/div><br><br><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The price of US oil plunged below zero for a second day on Tuesday, as a supply glut in the market leads to a shortage of space to store excess oil. West Texas Intermediate plunged as low as $-40 on Monday, which means producers were having to pay buyers to take their oil. The plunge has been exacerbated by the fact that Tuesday is the final day for contracts to deliver barrels in May, when demand is expected to remain low.<\/p>\n","protected":false},"author":2,"featured_media":65675,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"_gam_disable_ads":false,"footnotes":""},"categories":[1077,1076],"tags":[1512],"class_list":["post-65674","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-business","category-news","tag-oil","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Oil prices crash through the floor as storage runs short - GuardianTV<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/guardian.ng\/tv\/oil-prices-crash-through-the-floor-as-storage-runs-short\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Oil prices crash through the floor as storage runs short - GuardianTV\" \/>\n<meta property=\"og:description\" content=\"The price of US oil plunged below zero for a second day on Tuesday, as a supply glut in the market leads to a shortage of space to store excess oil. West Texas Intermediate plunged as low as $-40 on Monday, which means producers were having to pay buyers to take their oil. The plunge has been exacerbated by the fact that Tuesday is the final day for contracts to deliver barrels in May, when demand is expected to remain low.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/guardian.ng\/tv\/oil-prices-crash-through-the-floor-as-storage-runs-short\/\" \/>\n<meta property=\"og:site_name\" content=\"GuardianTV\" \/>\n<meta property=\"article:published_time\" content=\"2020-04-22T07:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/s3.eu-west-1.amazonaws.com\/tv.guardian.ng\/2024\/06\/Oil-prices-crash-through-the-floor-as-storage-runs-short.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1240\" \/>\n\t<meta property=\"og:image:height\" content=\"698\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Abiodun Ogundairo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Abiodun Ogundairo\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/guardian.ng\\\/tv\\\/oil-prices-crash-through-the-floor-as-storage-runs-short\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/guardian.ng\\\/tv\\\/oil-prices-crash-through-the-floor-as-storage-runs-short\\\/\"},\"author\":{\"name\":\"Abiodun Ogundairo\",\"@id\":\"https:\\\/\\\/guardian.ng\\\/tv\\\/#\\\/schema\\\/person\\\/a7ea396ab9bae73d4845496dbad885f1\"},\"headline\":\"Oil prices crash through the floor as storage runs short\",\"datePublished\":\"2020-04-22T07:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/guardian.ng\\\/tv\\\/oil-prices-crash-through-the-floor-as-storage-runs-short\\\/\"},\"wordCount\":17,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/guardian.ng\\\/tv\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/guardian.ng\\\/tv\\\/oil-prices-crash-through-the-floor-as-storage-runs-short\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/gtvcdn.guardian.ng\\\/2024\\\/06\\\/Oil-prices-crash-through-the-floor-as-storage-runs-short.jpg\",\"keywords\":[\"Oil\"],\"articleSection\":[\"Business\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/guardian.ng\\\/tv\\\/oil-prices-crash-through-the-floor-as-storage-runs-short\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/guardian.ng\\\/tv\\\/oil-prices-crash-through-the-floor-as-storage-runs-short\\\/\",\"url\":\"https:\\\/\\\/guardian.ng\\\/tv\\\/oil-prices-crash-through-the-floor-as-storage-runs-short\\\/\",\"name\":\"Oil prices crash through the floor as storage runs short - 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