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Head said International Energy Agency that Oil demand Around the world it may drop by up to 20 million barrels per day, or 20 percent of total demand, with orders issued to 3 billion people around the world to stay in their homes due to an outbreak Corona Virus.
Contracts ended American measurement raw West Texas Intermediate trading session low $ 1.89, or 7.7 percent, to settle at $ 22.60 a barrel.
Global benchmarks fell Brent mix $ 1.05, or 3.8 percent, to settle at $ 26.34 a barrel.
And the losses of the two benchmarks, both since the beginning of the year, were about 60 percent.
Contract losses were American raw Significantly greater than the Brent crude in today’s session. And the US Department of Energy canceled a plan to buy domestic crude oil for the country’s strategic oil reserves, after it had not been submitted Congress Financing for those purchases.
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The head of the International Energy Agency said that the demand for oil around the world may fall by up to 20 million barrels per day, or 20 percent of the total demand, with orders issued to 3 billion people around the world to stay in their homes due to the outbreak of the Corona virus.
US benchmark West Texas Intermediate crude contracts ended the session low at $ 1.89, or 7.7 percent, to settle at the settlement of $ 22.60 a barrel.
Brent crude futures fell $ 1.05, or 3.8 percent, to settle at $ 26.34 a barrel.
And the losses of the two benchmarks, both since the beginning of the year, were about 60 percent.
The losses of US crude contracts were significantly greater than Brent crude in today’s session. And the US Department of Energy canceled a plan to buy domestic crude oil for the country’s strategic oil reserves, after Congress had not provided funding for those purchases.
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