Brent is recovering from its lowest level in 20 years … and a jump in US oil

Brent is recovering from its lowest level in 20 years … and a jump in US oil

<div id = "firstBodyDiv" data-bind-html-content-type = "article" data-bind-html-compile = "article.body" data-first-article-body = " Oil trading witnessed the biggest fluctuations in the past days, while the growing glut of supply affects the markets with a sharp drop in demand amid orders from governments around the world to people to stay in their homes to stop the … Read more

Oil prices recorded the worst week in 10 years

Oil prices recorded the worst week in 10 years

10:47 am Saturday 14 March 2020 – Cairo – Agencies: Oil prices sealed yesterday their worst week since the global financial crisis in 2008, affected by the outbreak of the Corona virus and the efforts of Saudi Arabia, the world’s largest crude exporter, and its allies to flood the market with record levels of supply. … Read more