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Why The World Is Still Pumping So Much Oil Even As Demand Drops Away

The pandemic means the world is using far less oil. But pumps are still going, creating a huge oversupply. Companies are often willing to operate pumps at a loss — for a little while.

Copyright 2020 NPR

Camila Flamiano Domonoske covers cars, energy and the future of mobility for NPR's Business Desk.