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Tag: Brent oil slumps 7% to lowest prices since 2003

Brent oil slumps 7% to lowest prices since 2003

March 27, 2020Bode DoluLeave a Comment on Brent oil slumps 7% to lowest prices since 2003

Oil prices slumped anew on Friday with Brent North Sea crude plumbing a 17-year low owing to massive oversupply as the coronavirus crisis paralyses global demand. Around 1435 GMT, Brent for May delivery was down 7.33 percent from Thursday, at $24.41 a barrel. West Texas Intermediate fell 5.97 percent to $21.25. Oil has tanked in […]

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