by pallanus | May 11, 2020 | Business News
Oil prices slid nearly $1 a barrel on Monday as concern over a persistent glut and economic gloom caused by the coronavirus pandemic combined to cancel out support from supply cuts at some of the world’s top producers. Brent crude futures were down 73 cents, or 2.4%,...
by pallanus | May 1, 2020 | Business News
Oil slipped to around $26 a barrel on Friday as weak demand due to the coronavirus crisis and excess supply pressured the market, even as OPEC and its allies began a record output cut.The global oil benchmark, Brent crude, has collapsed 60 percent in 2020 and reached...
