‘Agonizing’: The prospect of a historic oil glut weighs on crude prices | CBC News
A number of Canadian players also saw their stock price take a hit, including Canadian Natural Resources, which was down $5.41, or 27 per cent, to $14.44 per share.
Falling oil prices will add to the financial strain on many Canadian oil producers — and governments — that had built their fiscal plans around much higher prices.
Prices have been dealt a double blow: concern about the economic impact of the novel coronavirus and an oil price war involving Russia and Saudi Arabia.