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Oil sinks to the lows of a year

2020-02-26T14:33:18.594Z


Oil prices continue to fall, with a 1.60% drop for the WTI in New York which brings prices to their lowest levels since December 2018. (ANSA)


(ANSA) - ROME, FEBRUARY 26 - Oil prices continue going downhill, with a 1.60% drop for the WTI in New York which brings quotes to the lowest levels since December 2018.
The impact on the demand for crude oil of a possible expansion of the coronavirus infection in the United States after the strong acceleration of the cases reported in South Korea, Iran and Italy weighs heavily. The WTI has dropped 7% in the past three sessions and travels $ 49.10. Brent in London marks -2.26% at $ 53.71.

Source: ansa

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