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Oil prices are dropping to their lowest level in 17 years

2020-03-30T06:12:25.250Z


SINGAPORE - SANA, Asian oil prices fell to a record low today after the financial markets deteriorated


Singapore-Sana

Oil prices in Asian markets fell to a record level today after the deterioration of other financial markets and the worsening of the Corona virus crisis over the weekend.

According to the French Press Agency, the price of WTI in the United States fell by 5.3 percent to $ 20, while the price of Brent North Sea barrels decreased by 6.5 percent to $ 23 for the first time since 2003.

Oil markets began to collapse weeks ago, with governments around the world imposing travel restrictions and isolation measures to contain the Coronavirus, which has so far killed more than 31,000 people worldwide.

Source: sena

All business articles on 2020-03-30

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