September 19, 2024 11:13 (IST)
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'Bengal floods man-made disaster': Mamata Banerjee takes stock of situation | Centre introduces new biometric programme for seamless immigration at Delhi airport in seconds | India reports second Mpox case with Kerala man testing positive for virus after return from UAE | PM Modi to visit US for Quad Summit, attend UN Assembly starting Sept 21 | Sovereign Gold Bonds available for early redemption on September 17
Oil prices tumble on weak demand concerns, Brent dips below $70, near 3-yr low

Oil prices tumble on weak demand concerns, Brent dips below $70, near 3-yr low

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

IEA believes global oil demand to fall by 8.6mln bpd in 2020

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.