Oil prices tumble as rally runs out of steam

Oil prices plunged to their lowest since 2016 amid fears of a global economic recession and rising volumes from leading producers Saudi Arabia and Russia to grab a larger market share

Oil price: continued to slump below $30
Oil price: continued to slump below $30Photo: AFP/Scanpix
Published 17 March 2020, 19:39Updated 17 March 2020, 19:40