oil prices continued to decline since the beginning of the year due to the decline in world demand for “black gold” in the epidemic of the coronavirus.
To what value will reach the ruble in the next few days
After the countries members of the deal on production cuts OPEC+ are unable to agree on further joint action to stabilise the market, prices have accelerated the fall, dropping below $ 30 per barrel.
a Negative impact on the oil consumption, have strict quarantine measures taken by countries to combat the spread of the disease, as well as expectations of growth of oil production in the Gulf countries. Additional pressure on the price of oil has had a ban on March 27, U.S. Congress allocating $ 3 billion to buy the first batch of oil for a strategic reserve of the country.