Tag Archives: Crude Oil prices

crude oil price falls 7 per cent after trump travel ban on coronavirus

Crude Oil Plunges 30%, Biggest Drop In 29 Years, After Saudi Arabia Cuts Prices

Oil prices fell on Thursday following surprise travel restrictions imposed by US President Donald Trump in an attempt to halt the spread of coronavirus after the World Health Organization described the outbreak as a pandemic. The slump in oil is being compounded by the threat of a flood of cheap supply …

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