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    Surrey to honour Graham Thorpe on Day 2 of Oval Test

    Surrey to honour Graham Thorpe on Day 2 of Oval Test

    Arteta says Arsenal 100 pc followed right process in Partey's case

    Arteta says Arsenal 100 pc followed right process in Partey's case

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    'PVL is identifying and promoting grassroots talent' says Kochi Blue Spikers’ Vinit Kumar

    He gave me insight of where he sees me in future: Rune on short collab with Agassi

    He gave me insight of where he sees me in future: Rune on short collab with Agassi

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    Freestyle Chess Grand Slam: Carlsen beats Pragg & Arjun, sets third-place showdown with Nakamura

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    Venus Williams returns to tour after 16 months at DC Open

    Women's Euro: Germany beat France on penalties to set up SF with Spain

    Women's Euro: Germany beat France on penalties to set up SF with Spain

    Protein shakes, pasta, and the occasional tea: Ollie Pope reveals what cricketers eat during Test breaks

    Protein shakes, pasta, and the occasional tea: Ollie Pope reveals what cricketers eat during Test breaks

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    Surrey to honour Graham Thorpe on Day 2 of Oval Test

    Surrey to honour Graham Thorpe on Day 2 of Oval Test

    Arteta says Arsenal 100 pc followed right process in Partey's case

    Arteta says Arsenal 100 pc followed right process in Partey's case

    'PVL is identifying and promoting grassroots talent' says Kochi Blue Spikers’ Vinit Kumar

    'PVL is identifying and promoting grassroots talent' says Kochi Blue Spikers’ Vinit Kumar

    He gave me insight of where he sees me in future: Rune on short collab with Agassi

    He gave me insight of where he sees me in future: Rune on short collab with Agassi

    Sulakshan Kulkarni named deputy head coach of Oman men’s cricket team

    Freestyle Chess Grand Slam: Carlsen beats Pragg & Arjun, sets third-place showdown with Nakamura

    Freestyle Chess Grand Slam: Carlsen beats Pragg & Arjun, sets third-place showdown with Nakamura

    Venus Williams returns to tour after 16 months at DC Open

    Venus Williams returns to tour after 16 months at DC Open

    Women's Euro: Germany beat France on penalties to set up SF with Spain

    Women's Euro: Germany beat France on penalties to set up SF with Spain

    Protein shakes, pasta, and the occasional tea: Ollie Pope reveals what cricketers eat during Test breaks

    Protein shakes, pasta, and the occasional tea: Ollie Pope reveals what cricketers eat during Test breaks

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Home Economy

Oil gushes to new 12-year low

Lakshmi Puri by Lakshmi Puri
January 12, 2016
in Economy, Share Market
30
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ProMASS News Bureau: Jan 12, 2016:

Global crude oil prices plunged overnight to a fresh 12-year low. US West Texas crude fell 1.50 dollar to 31.37 US dollars a barrel, its lowest level since December 2003. The global benchmark Brent price slumped 6.6 per cent to 31.31 dollars a barrel.

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The falls extended this year’s 15 per cent slide, in little more than a week of trade. Traders are betting the world’s second largest consumer of oil China will demand much less of the commodity in 2016 The price of oil is falling because of both demand and supply problems.

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