November 09, 2024 20:11 (IST)
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Congress wants to return to power dividing castes: PM Modi in Maharashtra | Pakistan: 24 killed, over 30 injured in blast at Quetta railway station in Balochistan | Three coaches of Secunderabad-Shalimar Express train derail at Nalpur in West Bengal's Howrah | Tech entrepreneur Elon Musk briefly joins telephonic conversation between Donald Trump and Volodymyr Zelenskyy | K'taka yoga teacher escapes death, outsmarts kidnappers using breathing control skill after being molested, stripped

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

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.