Venezuela’s oil production took another hit in recent days, as the country struggles with brimming storage tanks and no buyers. PDVSA slashed output in the Orinoco Belt to just 200,000…. Benchmark U.S. oil prices plunged to below $30 a barrel early on Monday, while Brent Crude crashed by 10 percent, as the markets were spooked, rather than calmed, by the… The World’s Biggest Crude oil futures up 2.32% on global cues | News. 13 Mar, 2020, 02.29 PM. Crude oil for April delivery was up by Rs 47, or 1.96 per cent, to Rs 2,439 per barrel with an open interest of 3,595 lots.