Brent crude futures, the global oil benchmark, were down 22%, last trading at $35.45 per barrel. US oil is trading at $33.15 per barrel, a decline of nearly 20%. Here are five things you need to know: Oil plunges 25%, hit by erupting Saudi-Russia oil price ... Crude prices suffered their biggest daily rout since the 1991 Gulf War on Monday as top producers Saudi Arabia and Russia began a price war that threatens to overwhelm global oil markets with supply. Bloomberg Markets - Bloomberg Bloomberg delivers business and markets news, data, analysis, and video to the world, featuring stories from Businessweek and Bloomberg News on everything pertaining to markets
GOLDMAN SACHS: Oil could plunge another 43% as price war ...
19 Mar 2020 PETALING JAYA: Oil and gas (O&G) stocks on Bursa Malaysia fall again after global crude oil price collapsed by another 24% yesterday. global , price , coronavirus , Saudi Arabia , Russia ,. Topic: Energy Corporate News 9 Mar 2020 Oil prices crashed by more than a fifth after Saudi Arabia started a price war, sending rattled stock markets plunging and spurring a rush into 9 Mar 2020 Oil 2020. March 2020 Oil refinery. Latest news. All news 20 Mar 2020 Oil prices, particularly in Alberta's oilsands, have been suffering for a while, which had recently projected global oil demand would increase by 825,000 is plummeting — particularly bad news for Alberta's government.
World Oil provides daily news, trends and data for the global upstream industry, 4/7/2020 Evaporating demand leading aggressive crude price cuts worldwide
30 Mar 2020 "Oil prices failed to keep pace, with growing (coronavirus) lock-down measures and reports that this could drive global demand down 20%, 25 Mar 2020 Business Today: sign up for a morning shot of financial news The global oil price fell to lows of $25 a barrel a last week, from more than $65 27 Mar 2020 Plunge in global crude demand sends oil prices down for a 5th cuts or building out the OPEC+ alliance, according to Bloomberg News. Oil World Oil provides daily news, trends and data for the global upstream industry, 4/7/2020 Evaporating demand leading aggressive crude price cuts worldwide Global stocks plunge after a sharp fall in the oil price hits markets already reeling from the coronavirus. Read more. Show more updates.