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Asian stock markets tumble after oil prices crash

2020-03-09 04:24:50| BBC News | Business | UK Edition

Volatility remains in stock markets as coronavirus cases rise and oil giants start a supply war.

Tags: stock prices oil markets

 

Oil plunges in Asia as producers start price war

2020-03-09 03:02:39| BBC News | Business | UK Edition

Failure of oil cartel Opec and ally Russia to agree to supply cuts has seen prices crash more than 20%.

Tags: price start war asia

 
 

Saudi Arabia Slashes April Crude Oil Prices After OPECs Supply Pact Collapsed

2020-03-08 03:45:31| OGI

Saudi Arabia slashed its official selling price (OSP) for April for all its crude grades to all destinations, after OPECs oil supply cut pact with Russia fell apart on March 6, sending oil into a tailspin.

Tags: april prices supply oil

 

Big Oils Gap Widens: US Oil Boom Vs. Europes Renewables Focus?

2020-03-06 23:00:00| OGI

U.S.-based Exxon Mobil and Chevron this week focused their investor outlooks on sharp growth in oil and gas output, a stark contrast from their European rivals.

Tags: big focus oil gap

 

Oil plunges 10% after Opec deal collapses

2020-03-06 22:48:59| BBC News | Business | UK Edition

Russia declined to join a plan to reduce oil output.

Tags: deal oil collapses opec

 

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