The record price of oil after limited measures against Coronavirus

Oil prices have fallen into record numbers in the last five months today following new quarantines imposed by the spread of the virus. Many economies have tightened restrictive measures, including the United Kingdom, France and Germany, in an effort to combat rising new cases. There is fear that the masses [...]
Many economies have tightened restrictive measures, including the United Kingdom, France and Germany, in an effort to combat rising new cases.
There are fears that new quarantine measures will further damage economic development and thus reduce demand for oil, the BBC writes, translates Periscopi.
Another reason for lowering the price of oil is the holding of presidential elections in the United States.
The price of U.S. crude oil has been plummeted, for 7% today.
But China remains the living market for economic growth this year. /Periscope











