oil price drop

Crude oil prices below zero; know the reasons for the plunge

Oil prices plunged below zero for the first time on Monday (April 20, 2020) as demand for energy collapses across the globe amid the coronavirus pandemic and traders sought to avoid owning crude having left with no space to store it.

Apr 21, 2020, 08:29 AM IST

Qatar $200-bln spending spree on track despite oil price drop

Qatar will stick to its USD 200-billion (190 billion-euro) infrastructure spending splurge, the energy-rich Gulf state`s premier vowed on Sunday, despite the fall in global oil prices.

Mar 15, 2015, 22:07 PM IST

Asian shares slump as oil resumes drop

Sliding oil prices and a downbeat China factory survey weighed on Asian shares on Tuesday, while the rouble jumped against the dollar after Russia sharply increased its benchmark interest rate in a bid to halt a collapse in its currency.

Dec 16, 2014, 08:40 AM IST