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Today, the price of oil fell by 8% as fears of an extended shutdown from the coronavirus could last for months. The price of oil is at its lowest since 2002, as Brent has fallen to $22.5 a barrel, which is now down 65% for the year.

Global Oil Prices Drops Again Today to Lowest Levels since 2002

Today, the price of oil fell by 8% as fears of an extended shutdown from the coronavirus could last for months. The price of oil is at its lowest since 2002, as Brent has fallen to $22.5 a barrel, which is now down 65% for the year.

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