Brent oil drops under $70 for first time since April
Fri, Nov 9, 2018 | By publisher
Oil & Gas
Brent crude oil sank Friday under $70 per barrel before a weekend meeting of major oil-producing nations in Abu Dhabi.
In London morning deals, Brent North Sea crude for delivery in January fell as low as $69.69 per barrel, a slide of 96 cents on the day, on surging US energy stockpiles. It comes as OPEC and non-cartel members meet this weekend to discuss a possible cut in crude output amid slumping prices. – Punch
– Nov. 9, 2018 @ 13:35 GMT |
Tags: Brent oil drops under $70 for first time since April
Most Read
JudiciaryAdeleke’s spokesperson sues DSS, Oyetola over threat to his fundamental human rights.By editor1 MIN READ
SecurityKaduna Central Senator meets Tinubu over Kuriga students’ abduction, IDPsBy editor1 MIN READ
PoliticsFather Alia’s shocking revelations: In Benue, we had more ghost schools, workers than real onesBy editor1 MIN READ
Subscribe to Our Newsletter
Keep abreast of news and other developments from our website.