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Virus Corona Press Oil Prices Dropped to the Lowest Level in 5 Years

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Virus Corona Press Oil Prices Dropped to the Lowest Level in 5 Years

oil Prices continue to be depressed in six days. It influenced the spread of corona virus that continues to spread outside of China.

as Reported by Bloomberg, oil prices in New York futures briefly fell 2.2 percent. The movement of the price become the lowest decline on a weekly basis since March 2014.

While on a trade today at 07.41 PM, the price of oil type West Texas Intermediate (WTI) contract for April 2020 was down 1.06 percent to US$ 46.59 a barrel.

this Article has been published in Katadata.co.id with the title of "Corona Virus Press Oil Prices Dropped to the Lowest Level in 5 Years" , https://katadata.co.id/berita/2020/02/28/virus-corona-tekan-harga-minyak-anjlok-ke-level-terendah-dalam-5-tahun
Author: Ratna Iskana
Editor: Ratna Iskana

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