SINGAPORE - Oil prices fell on Monday as concern over a persistent glut and economic gloom caused by the coronavirus pandemic combined to cancel out support from supply cuts at some of the world’s top producers.
Both benchmarks have notched up gains over the past two weeks as countries have eased business and social lockdowns imposed to cope with the coronavirus and fuel demand has rebounded modestly. Oil production worldwide is also declining. Global oil demand has plummeted by about 30% as the coronavirus pandemic curtailed movement across the world, building up inventories globally.
Production needs to be cut down to increase the price of oil Latest updates | cases per million population👇 COVID coronavirus
We’re so done with this...time to go back to MAKING AMERICA GREAT AGAIN
Let the federal government test hardship and see how hard life it's with their citizen. Covid19 is Karma.
Don’t why speculation in commodity markets is allowed ? 😜
For christs sake will western media stop this shit, there has been more tripe done over this tiny virus than over the 19 years of slaughter by the west in Afghanistan.
You can't scare us anymore! Don't divert people's attention from ObamaGate.
Unfortunately we are flying blind... How can anyone accurately predict future economic activity until we have more clarity on the pandemic? COVID19 coronavirus
This is such bullshit.
more like 'gluttony' :) keep digging and exploiting nature, head for your demise. good luck!
The 1st wave is not over, so you can't have a 2nd wave yet!
Я бы водой запасался. Особенно в Мегаполисах.
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