It approached its lowest level in two months. A new drop in oil prices today, Monday

Al-Marsad Newspaper: Oil prices fell today, Monday, and prices approached their lowest level in regarding two months, and this comes in light of fears of a decline in demand for crude due to the increase in Corona infections in China.

By 09:31 Moscow time, US crude futures fell by 0.72% to $79.50 a barrel, while Brent crude futures fell by 0.65% to $87.05 a barrel.

Oil contracts ended last week’s trading with a noticeable decline, as “Brent” fell last Friday by 2.4% and closed trading at $87.62 a barrel, while US crude fell by 1.9% to $80.08 a barrel.

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