Home / Economy / Oil prices are falling by about 3% with the closures in Europe due to Corona.

Oil prices are falling by about 3% with the closures in Europe due to Corona.

On Monday, oil prices fell by approximately 3%. As a result of the concerns, as the demand for fuel has weakened with the expansion of European closures due to the Corona virus.

And Russia’s Sputnik Agency revealed that Brent crude future contracts are down 3.5%, or $ 1.34, and the price per barrel reached $ 36.60, while US West Texas Intermediate crude future contracts fell $ 1.41, or 3.9%, to $ 34.38.

Brent crude fell to 5.8% and West Texas to 6% in early trade, to their lowest levels since last May.

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