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Oil prices drops below $30
March 18, 2020
Source: Reuters

Oil prices drops below $30

Oil prices held fast in the international market on Wednesday, after slipping to new four-year lows. Brent crude tumbled 1.2%, and was priced at $29.07 a barrel. US WTI crude dropped 0.5%, at $27.08 a barrel. The global spread of coronavirus pandemic has hurt fuel demand and the global economy as several countries exercise travel and social lockdowns.

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