1. home
  2. > business
  3. > Crash, boom, bang! Crude turns turtle, worst monthly fall in 10 years
replay trump newslist
up NEXT IN 5 SECONDS sports newslist
tap to unmute
00:00/00:00
NaN/0

Crash, boom, bang! Crude turns turtle, worst monthly fall in 10 years

Nov 30, 2018 19:33 IST

The number one reason India has heaved a sigh of relief this month - Crude oil is on track for its worst month in a decade. After reaching a four-year high in early October, crude has collapsed more than 30 per cent, marking the worst crash since 2015. The catalyst for the fall was growing fears of a global supply glut. All eyes are now on the OPEC meeting in Vienna next week and whether an agreement on production cuts is possible for the key countries like Russia and Saudi Arabia.

Business