<Anchor> The

international oil price, which had been negative for the first time in history, plummeted again today. As the global economy stops, demand for crude oil decreases, but the supply continues to overflow, and the price continues to drop as there is not enough place to buy crude oil. There are also prospects that oil companies going through this line will go bankrupt.

First is reporter Jisung Kim.

<Reporter>

A crude oil storage facility in Oklahoma, USA.

About 80% of the storage tanks are full, and the remaining 20% ​​are already closed.

That means you can't save anymore.

This is due to a sharp decline in crude oil demand after the Corona 19 crisis.

This oversupply led to unprecedented bidding.

US West Texas crude oil traded at $ 11.57 yesterday with a 43% drop in daily delivery in June, after the Indian delivery recorded a negative 37 dollars per barrel.

British-made Brent oil, the world's standard for oil prices, also fell 24% yesterday, breaking the $ 20 mark and fell further today, hitting the lowest level in 21 years.

[Richard / S & P Head of Oil Price Report: Oversupply, decrease in demand is progressing too fast. (Corona 19) I have never seen it before.]

For shale makers in the United States, where production costs are relatively expensive, there are forecasts that by the next year, if the price of crude oil is around the $ 20 level, about 500 will go down, and if it goes down to the $ 10 level, about 1,100 will go bankrupt.

[Andrew / Nuclear Research Group Senior Researcher: Unfortunately, this massive oversupply situation will continue over the next few months.]

President Trump said, "The great US oil and gas industry will not collapse." Revealed.

Oil-producing countries, which had agreed to cut the largest amount ever since 10 days ago, have suggested further measures, but it is unclear whether the oil market in panic will calm down.

(Video editing: Jeon Min-gyu)   

▶ It's minus oil price ... The reason why the oil price fell sharply