News & Stories Business Oil 101: Why Are Prices Jumping, And What Are 'Futures'? Paddy Hirsch May 01, 2020 / 1:14 pm Play AudioPlaying4 mins left Demand for oil has plummeted. Prices were expected to drop, too. But speculating investors have sent oil prices on a wild ride.[Copyright 2020 NPR] Why you can trust KUOW Recommended Stories Microsoft reportedly planning more mass layoffs June 18, 2025 Boeing reaches deal with Justice Department to avoid prosecution over 737 Max crashes May 23, 2025 Barnes & Noble to take over University Book Store space in Seattle's U District May 20, 2025