Oil falls as US crude stocks hit record for seventh week in a row
Oil futures fell in Asian trade on Thursday, with U.S. crude hitting the lowest level in more than two weeks, amid renewed worries of global oversupply after U.S. crude inventories rose to a record high.
Mar 31, 2016, 10:07 AM ISTOil slumps to near six-year low under $44 per barrel
New York oil prices tumbled to a near six-year low underneath $44 per barrel on Thursday, as record-high US crude inventories deepened worries over the global supply glut.
Jan 29, 2015, 23:54 PM IST