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HoonSmart.com >> Crude Oil Prices Increase From Facilitating Blockade and Reduction of OPEC Crude Oil Production
Thai Oil (TOP) said that oil prices rose. As the demand for oil began to rise As many countries around the world, such as Italy, Finland and the United States, began to relax measures to close the city. After the virus spread, Covid-19 slowed down. And they want to stimulate the recovery of the national economy.
Crude oil production capacity began to decline. After OPEC and its allies, known as OPEC, have begun to cut crude oil production under the agreement to 9.7 million barrels per day. As of May 1, 63
However, trade conflicts between the United States and China tend to be tense again. Behind President Donald Trump threatens product tax
New import from China To counteract China from the Covid-19 virus outbreak That affects everyone
Crude oil prices closed on May 4, 63. West Texas oil prices (WTI) closed at $ 20.39 / barrel + $ 0.61 / barrel or 2.99% Brent closed at $ 27.20 / barrel + $ 0.76. USA USA / Barrel or 2.79%
