
World oil prices fell again
Wednesday, May 13, 2020
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World crude oil prices fell again and Brent crude fell 58 cents to .4 29.4 a barrel during trading.
US crude fell 39 cents to .3 25.39 a barrel in global trade.
According to the foreign news agency, fears of a second wave of corona virus are due to measures taken by various countries to ease the lockdown and due to these fears, the fall in oil prices has led to a reduction in production by Saudi Arabia. Has also eliminated the positive effect of.
Concerns over a second wave of corona outbreaks have been sparked by reports from China and South Korea that coronaviruses have re-emerged in the affected areas.
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