Organisation: West Texas Intermediate

A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC

The coronavirus pandemic has heavily impacted crude oil sales across North American hubs. Picture: Richard Drew

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Crude oil trades as low as at $10 a barrel in North America amid Covid-19 crisis

Crude oil is selling for less than $10 a barrel across key North American hubs as the global demand shock from coronavirus leaves crude with nowhere to go.

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Tit-for-tat trade wars to keep pressure on markets

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Saudi purge sends oil price surging

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Crude oil price slumps amid global glut concerns

(FILES) Picture taken 15 January 2007 sh

business

Brent crude above $50 a barrel

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Oil price rises to over $47 on hope Opec will curb output

Turkey’s oil flows after failed coup

The price of crude slipped following the failed Turkey coup as shipments continued through the vital conduit for oil from Russia and Iraq to the Mediterranean Sea.

Tue, 19 Jul, 2016

Global glut hits oil price again

Oil traded near the lowest level in more than six years yesterday as an unexpected rise in US crude stockpiles exacerbated a global glut.

Fri, 21 Aug, 2015

Oil prices fall as Mexico firm resumes production

THE price of crudeoil yesterday fell froma record after Mexico’s state oil company said it would resume immediate production today from platforms that were shut because of gale force winds.

Wed, 31 Oct, 2007