- Oil drops 2%
- Concerns for the demand for crude oil
The Chinese authorities have locked down the city to curb the spread of the virus. The fear around coronavirus spread has resulted in a further drop in oil prices to 2%, with concerns about the demand for crude oil, even though Saudi Arabia’s energy minister wants to calm the market.
According to a Reute....
Tags : OIL, DROPS, FEAR, CORONA VIRUS, SPREAD,