Business News of Sunday, 15 March 2026Source: bbc.comThe price of oil rarely makes it into dinner-table conversations. There were wild swings in the price on Monday, which was described by the BBC's economics editor Faisal Islam as the most volatile day of oil trading in history. Most of the talk around prices concerns the cost of Brent crude - a widely-used international benchmark for oil. Contracts to buy and sell oil will often use Brent as a reference point, so it has significant influence on global energy costs. In response, the oil price went into freefall and by the end of Monday it had fallen by nearly $30 from the peak seen earlier in the day.

Source: GhanaWeb March 15, 2026 14:02 UTC