Thursday, May 21, 2026

Oil slumps with weakening demand outlook

Oil prices in New York and London fell as much as 5 per cent, and the oil futures curve showed signs of near-term weakness following widening lockdown measures in Germany, France, and Italy, BNN Bloomberg reports.

 

https://www.bnnbloomberg.ca/oil-drops-with-renewed-lockdowns-dimming-outlook-for-demand-1.1580832

BIG Media
BIG Media
Our focus is on facts, accurate data, and logical interpretation. Our only agenda is the truth.
spot_img

BIG Wrap

US charges Cuba’s Raúl Castro with murder over 1996 downing of two planes

(BBC News) The US has charged former Cuban leader Raúl Castro with conspiracy to kill US nationals and other crimes over the 1996 downing...

Bolivian president to reshuffle cabinet amid antigovernment protests

(Al Jazeera Media Network) Bolivia’s President Rodrigo Paz has said he will reorganise his cabinet as he faces calls to resign amid weeks of widespread...