Tag: Oil Price Fall

New Delhi: Reliance Industries Chairman Mukesh Ambani is no longer the richest man in Asia, owing to the recent freefall in oil prices. According to the Bloomberg Billionaires Index, Chinese billionaire Jack Ma, the founder of e-commerce major Alibaba Group has toppled Ambani to get the top spot in Asia. The persistent concerns of severe […]

New Delhi: Crude oil prices plunged on Monday with the West Texas intermediate (WTI) crude in the US falling below the $15 per barrel mark, the lowest level in 21 years. The fall in oil prices comes on the back of weak demand amid the coronavirus crisis. The pandemic has almost brought the global travel […]