In spite of an agreement led by the United States, Russia, and Saudi Arabia to cut global oil production, on Monday, April 20th, 2020, for the first time in history, US oil prices dropped into negative territory. How deep will the oil crash go, and more importantly, how and when do we come back from this? In this episode of Market Points, Michael Loewen, Commodity Strategist – Energy, Global Equity Research at Scotiabank, breaks down the market forces in this complex and critical industry.