Production

Oil futures keep tumbling amid rising supplies and Covid-19 spread

Prices took a fresh tumble on Monday despite action by central banks to inspire battered markets.

Crisis: flames emerge from flare stacks at Nahr Bin Umar oilfield north of Basra, Iraq as a worker wears a protective mask following an outbreak of coronavirus
Crisis: flames emerge from flare stacks at Nahr Bin Umar oilfield north of Basra, Iraq as a worker wears a protective mask following an outbreak of coronavirusPhoto: REUTERS/SCANPIX
  • Nassir Shirkhani
London
RussiaSaudi ArabiaOpecIraqUAE
Published 16 March 2020, 10:16Updated 16 March 2020, 10:16