Monday, May 20, 2024

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.

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BIG Wrap

Death toll rises to six in New Caledonia riots

(Al Jazeera Media Network) Another person has been killed in France’s Pacific Islands territory of New Caledonia as security personnel try to restore order, taking...

Hell on Earth’ as violence escalates in Sudan’s el-Fasher

(Al Jazeera Media Network) The United Nations human rights chief has expressed horror over the escalating violence in Sudan’s North Darfur region as one...