Brent crude oil rises after hitting lowest this century on coronavirus crisis – Arab News

Brent crude oil rises after hitting lowest this century on coronavirus crisis – Arab News

Brent crude oil rises after hitting lowest this century on coronavirus crisis /node/1663321/business-economy. LONDON: Brent crude oil rose on Wednesday after slumping below $16 a barrel to its lowest since 1999, supported by voluntary as well as the prospect of forced production cuts to tackle a glut caused by the coronavirus crisis.. International benchmark Brent crude, which fell 24 percent in the previous session, touched $15.98 a barrel on Wednesday, hitting its lowest since June 1999.. "Be prepared for more surprises in this broken oil market," said Rystad Energy's head of oil markets, Bjornar Tonhaugen.. Digital video game spending hits record high under virus lockdown /node/1663641/business-economy. Money spent on major console games leapt to $1.5 billion in March from $883 million in February, while spending on games played on high-performance personal computers climbed 56 percent to $567 million in the same comparison.. Overall revenue from digital video games for the month was up 11 percent year-on-year, according to the industry tracker.. Video games can be a valuable way to socialize with friends and family when you're stuck at home.". Google is offering free access to Stadia for two months..