Crude oil plunges to lowest since 1986 at $10.34 a barrel
Oil prices have collapsed by more than 60% since January to levels well below the costs necessary for many shale drillers to break even, leading to drilling halts and drastic spending cuts.
Apr 20, 2020, 21:45 PM ISTBrent holds above $60, but heads for 5th weekly drop
Brent is down more than a percent for the week, while U.S. crude was heading for a smaller 0.7 percent drop.
Dec 26, 2014, 10:21 AM IST