Oil rebounds but outlook still gloomy amid Covid-19 spread

Oil futures set for their worst weekly rout in recent memory amid plunging demand

Oil price shock: the Haradh gas plant, located at the southern tip of the Ghawar oilfield, the largest conventional oilfield in the world
Oil price shock: the Haradh gas plant, located at the southern tip of the Ghawar oilfield, the largest conventional oilfield in the worldPhoto: SAUDI ARAMCO
Published 13 March 2020, 11:23Updated 13 March 2020, 11:23