Brent crude oil slides to below one-year low, gold climbs over 1%

Brent crude fell $3.20, or 4.1 per cent, to $74.25 a barrel after touching $74.01 for its lowest since December 2021

Agencies Agencies
crude oil

Oil extended its slide on Wednesday, falling 5 per cent and hitting its lowest in more than a year as unease over Credit Suisse spooked world markets and offset hopes of a Chinese oil demand recovery.

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First Published: Mar 15 2023 | 11:36 PM IST

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