â–º Listen Live
â–º Listen Live
â–º Listen Live

Oil prices reach historic low

U.S. crude prices on the May contract have dropped below zero for the first time in history.
The price for oil has entered uncharted territory as it dropped to negative $1.43, down 106% on the May contract. The extreme drop is because of oversupply caused by plummeting demand that pushes storage facilities to their limits.

**Written by Mo Fahim

 

Something going on in the Cariboo you think people should know about?
Send us a news tip by emailing [email protected].

Continue Reading

ckbx Now playing play

cffm Now playing play

ckcq Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

B.C. adds 5k jobs in June, led by gains in part-time work

British Columbia added 5,000 jobs in June but saw a dip in full-time employment, according to the latest jobs report from Statistics Canada. 

B.C. adds 5k jobs in June, led by gains in part-time work

British Columbia added 5,000 jobs in June but saw a dip in full-time employment, according to the latest jobs report from Statistics Canada. 

Missing Woman Last Seen in Quesnel Found Deceased

RCMP report on July 11, 2025, they have found Alice Chingee deceased. Chingee was reported missing on July 18, 2024.

B.C. maintains decision to end drug coverage for girl with rare, fatal disease

B.C. is standing by the decision not to continue drug coverage for a Vancouver Island girl with a rare, fatal disease. 

Mount Polley Production is Up in 2nd Quarter Report

Mount Polley Mine's second quarter report, released in July, reports that the Mine's production in copper, gold, and ore milled is up compared to the reports in the same time last year.
- Advertisement -