Global Oil Prices Drop to $71

Brent crude drops to $71 per barrel as Saudi Aramco announces deeper price cuts for Asian markets, raising concerns over global oil demand.

Global oil prices, tracked by Brent futures, have plunged to $71 per barrel, remaining below … Continue Reading

9 December 2024

2 minute read

Recession Looms as Global Oil Prices Crash to all-time Low

Global Oil prices are crashing due to vaporizing demands credited to the world wide lockdown due to the coronavirus pandemic.

It is affecting every oil producing country and steaming fears of a vast post Covid-19 recession to even the world’s … Continue Reading

20 April 2020