The world oil prices are moderately lowered on Monday morning on the growth of doubts in demand for raw materials in the light of the continuing growth of the number of found infected with new coronavirus. This is evidenced by trading data.
The price of July futures to the Northwaist oil mixture of the Brent brand decreases by 0.34%, to 65.2 dollars per barrel, June – 0.39% to 65.85 dollars. The cost of June futures on WTI is lowered by 0.26%, to $ 61.98 per barrel.
Coronavirus situation continues to put pressure on oil quotes. In a number of countries, such as India and Japan, the number of infections is growing, which creates a threat to restoring demand for raw materials due to quarantine prohibitions of the authorities.