Commutee

Oil falls on coronavirus fears despite Fed rate cut and hopes for OPEC+ output cut

March 3, 2020 by  
Filed under News

Oil prices fell in a volatile session on Tuesday, succumbing to fears that the coronavirus would take a heavy toll on energy demand even after the Federal Reserve cut U.S. interest rates and OPEC and allied producers considered more output cuts to support prices.


Source: Reuters Business News

Comments are closed.