U.S. oil plunges to 18-year low as lockdowns trigger market meltdown

March 18, 2020 admin Business News Comments Off on U.S. oil plunges to 18-year low as lockdowns trigger market meltdown

Oil prices plunged on Wednesday, with U.S. crude futures hitting an 18-year low, as governments worldwide accelerated lockdowns to counter the coronavirus pandemic that is causing global fuel demand to collapse.

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Source:: Reuters – Business News