Global oil glut: Who are the winners and losers

Updated: December 15, 2024 - 2:41pm

<p>The price of a barrel of benchmark U.S. oil plunged below $0 a barrel on Monday for the first time in history.</p><p>This comes amid a devastating supply glut that has forced traders to pay others to take the crude off their hands.</p><p>What does this mean for consumers and American workers?</p><p>Watch the video is who who are some winners and losers.</p><p>Related stories:</p><p>Markets open with gains as oil prices rebound</p><p>Oil prices have dropped into negative territory, but futures pricing says that won't hold until fall</p><p>Coronavirus is reshaping human interaction in lasting ways</p>