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Low oil prices

2020-10-14T08:33:47.324Z


Singapore-SANA Oil prices fell today, due to fears that the demand for fuel will be hampered by the continuing decline in fuel demand


Singapore - Sana

Oil prices fell today, due to fears that the continued decline in fuel demand, in light of the high cases of Coronavirus in Europe and the United States, impeded economic growth.

Reuters reported that Brent crude futures for delivery next December fell 17 cents, equivalent to 0.4 percent, to $ 42.28 a barrel.

West Texas Intermediate crude lost 18 cents, equivalent to 0.5 percent, to $ 40.02 a barrel.

Source: sena

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