#OilFallsBelow$26#

#OilFallsBelow$26#

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WTI Crude Oil has dropped to the lowest levels since 2003, below $26 per barrel. The coronavirus crisis is weighing on prospects for demand as people refrain from flying or driving amid lockdowns and border closures. Moreover, Saudi Arabia and Russia are engaged in a price war. Both major oil producers have increased production and cut prices.
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