Oil prices dropped at the opening of the US global market on Tuesday, due top pressure from renewed concerns about levels of global demand for fuel, in light of the hike in Coronavirus infections in some countries.
This decline comes before the release of preliminary data on crude stocks in the United States.
According to the “Wall Street Journal”, US crude fell by more than 1.0 percent to the level of $71.49, from the opening level at $72.19, and recorded the highest level at $72.30, while Brent crude fell by 0.7 percent to the level of $74.18 a barrel, from the opening level at $74.68, and the highest level was recorded at $75.02.
Source: Jordan News Agency
