Code 166912
PublishDate: Wednesday, September 9, 2020 15:13

Oil prices fall below $40 as virus threatens economies

Crude oil prices fell on Wednesday as the global coronavirus outbreak continues to threaten global economies while further fueling demand concerns.
International benchmark Brent crude was trading at $39.67 per barrel at 0607 GMT for a 0.27% decrease after closing Tuesday at $39.78 a barrel.
American benchmark West Texas Intermediate (WTI) was at $36.65 a barrel at the same time for a 0.29% decrease after ending the previous session at $36.76 per barrel.
Oil prices fell below $40 per barrel for the first time since June as countries worldwide have started to fear a second wave of the coronaviru

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