Coronavirus: Brent oil prices fall under $20, lowest price in nearly 20 years
Brent North Sea crude slumped to under $20 per barrel on Tuesday, reaching the lowest level for more than 18 years as the coronavirus pandemic slashed demand.
Europe’s benchmark oil contract reached $18.10 per barrel before shooting back up to $21.51 in volatile trading.
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Russia says OPEC+ contacts between oil producers can be set up as prices collapse
The Kremlin said on Tuesday that contacts between leading global oil producers could be set up to discuss their output deal if needed after oil prices ... Energy -
ADNOC to cut oil supply following OPEC+ output agreement: Sources
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Prices for US West Texas Intermediate (WTI) oil plunged below zero on Monday meaning producers are paying buyers to take crude off their hands as ... Coronavirus