Oil prices drop by more than half for the month
Wednesday, 1 April 2020 02:13 WIB | ENERGY |Minyak MentahMinyak WTI

Oil futures finished modestly higher on Tuesday, but lost more than half of their value for the month of March on worries about energy demand amid restrictions set in place to avoid the spread of COVID-19.

May West Texas Intermediate oil rose 39 cents, or 1.9%, to settle $20.48 a barrel on the New York Mercantile Exchange. Prices fell more than 54% for the month and over 66% for the quarter, based on the front-month contracts, according to Dow Jones Market Data.

Source : MarketWatch

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