Crude Oil: Crude oil price continues to see a steady decline in the international market with futures experiencing the biggest fall in four years, having lost nearly 12% just this week alone. Virus fears influenced caution and decline in global growth outlook have created a glut scenario much earlier than expected, adding pressure to crude oil bulls.
Please feel free to share your thoughts with us in the comments below.
Was this post helpful?
Let us know if you liked the post. That’s the only way we can improve.