Global oil prices continue to fall
NEW YORK (Reuters) – Brent crude fell 58 cents to .4 29.4 a barrel on Tuesday as global oil prices plummeted due to the devastation of the coronavirus.
According to the details, the prices of crude oil in the world market fell again and the price of Brent crude fell 58 cents to 29 29.4 per barrel during trading, US crude fell 39 cents to 25 25.39 during trading in the world market. Came to the surface of the barrel.
In this regard, the foreign news agency says that due to the global epidemic of corona virus, orders have been issued to ease the lockdown in various countries.
Falling oil prices due to fears of a second wave of corona virus have also offset the positive impact of Saudi Arabia’s announcement of production cuts.
Remember that the corona virus is once again gaining ground, according to reports from China and South Korea, people in the affected cities are once again suffering from corona.