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Storage facilities of Novoprtovskoye oil and gas condensates oilfield of Russian gas and oil giant Gazprom at Cape Kamenny in the Gulf of Ob shore line in the south-east of a peninsular in the Yamalo-Nenets Autonomous District. (AFP Photo)

Oil prices lower on storage crisis as virus saps demand

Oil markets have been in turmoil for weeks as the virus strangles demand due to business closures and travel...

4 May 2020 9:01 AM IST

Oil near 18-year lows on demand devastation warning. (AFP Photo)

Oil drops to 18-year low as market faces lowest demand

The International Energy Agency said Wednesday that 2020 was likely to be "the worst year in the history" of the sector

16 April 2020 9:00 AM IST