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Brent oil drops 25%, near two-decade lows on scant demand, storage

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Apr 21 '20 | By oiam2companyadmin | Views: 37 | Comments: 0

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Brent crude futures plunged 25% on Tuesday to the lowest in nearly two decades, a day after panicked traders sent U.S. oil below minus $40 per barrel on fears of a historic glut due to the destruction of fuel demand by the coronavirus pandemic.
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Source: https://www.reuters.com/article/us-global-oil/brent-oil-drops-25-near-two-decade-lows-on-scant-demand-storage-idUSKBN22230I?feedType=RSS&feedName=businessNews

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