Oil extended losses on Wednesday after US President Donald Trump hinted at easing tensions over Iran, with New York prices sliding 4.6 per cent.
Oil prices surged more than 10 per cent on Monday after attacks on two Saudi Arabian plants that slashed output in the world’s top producer
With volatile oil prices in the past playing havoc on economies of importing nations like India, Prime Minister Narendra Modi Monday made a
Crude tumbled below $30 a barrel on Tuesday, its lowest level in 12 years. The benchmark Brent Crude and West Texas Intermediate briefly traded