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Added on the 19/01/2016 17:06:27 - Copyright : Reuters EN
Midland (Texas), Apr 6 (EFE).- Gas prices across the US are extremely low causing oil prices to drop dramatically in part due to the COVID-19 coronavirus. (Camera: LARRY SMITH).FOOTAGE SHOWS AN OIL PUMP IN AN OIL FIELD NEAR MIDLAND, TEXAS, USA.
Huge overhang from the past two years could be dampening oil price recovery, according to the International Energy Agency. Fred Katayama reports.
Oil prices fell under $55 per barrel after Saudi Arabia refused to cut output unless other producers outside OPEC did so too. As Grace Pascoe reports it looks like prices could remain low for a while.
Oil prices have fallen further, with Brent dropping below $55 a barrel, after top exporter Saudi Arabia said it would only consider cutting output if other producers outside OPEC did so too. As Grace Pascoe reports the strengthening of the dollar further weighed on prices.
Bangalore (India), Sep 13 (EFE / EPA) .- (Camera: Jagadeesh NV) .- Crowds of Indians protested this Monday in the Indian city of Bangalore against the increase in the price of fuel, which according to them, will also affect the price of other commodities in the country.FOOTAGE OF THE PROTEST AGAINST RISING OIL PRICES IN BANGALORE, INDIA.
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