Oil sinks with rising US stockpiles adding to virus woes

An oil storage tank stands at a facility in the Alrode district of Johannesburg, South Africa, on Tuesday, April 21, 2020. The oil meltdown accelerated, with huge losses sweeping through markets as the world runs out of places to store unwanted crude and grapples with negative pricing. Photographer: Waldo Swiegers/Bloomberg
An oil storage tank stands at a facility in the Alrode district of Johannesburg, South Africa, on Tuesday, April 21, 2020. The oil meltdown accelerated, with huge losses sweeping through markets as the world runs out of places to store unwanted crude and grapples with negative pricing. Photographer: Waldo Swiegers/Bloomberg

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