On March 15, world oil prices fell below $100 per barrel.May futures for Brent oil closed yesterday at $98.60 per barrel. In two days, the price of oil fell by $14.07 per barrel, or 12.49%.Oil prices are falling due to renewed fears of the spread of the new coronavirus. Several cities in China have already tightened coronavirus restrictions after reports of new infections. It is estimated that China is facing one of the most serious covid outbreaks. The ...
