Fetching News Details

US oil falls by 14%
April 20, 2020
Source: Reuters

US oil falls by 14%

US oil prices have touched lows not seen since 1999. On Monday, crude prices slipped further on the back of weakening demands US storage facilities concerns. WTI went down by 14%, to $15.65 a barrel. Drowning prices and market conditions indicate a big drop in demand. “It hasn’t reach capacity but the fear is that it will,” said Chief Market Strategist at CMC Markets over US storage facilities.

   Read More About : Oil Prices US WTI
⬅ all news

Please Login to Save News for Later