December 24, 2024 06:43 pm (IST)
Oil prices tumble on weak demand concerns, Brent dips below $70, near 3-yr low
Sep 11, 2024, at 06:02 am
Brent futures fell below $70 a barrel for the first time since December 2021, marking a new low in a price slump driven by strong supply, demand concerns, and heavy speculative selling, according to Bloomberg.
IEA believes global oil demand to fall by 8.6mln bpd in 2020
May 14, 2020, at 05:18 pm
Moscow/Sputnik: The International Energy Agency (IEA) said on Thursday that the global oil demand in 2020 would fall by 8.6 million barrels per day, revising downward its previous report.
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IEA believes global oil demand to fall by 8.6mln bpd in 2020
Thu, May 14 2020