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Because of Corona .. an expert is likely to drop the price of a barrel of oil to 38 dollars
19:27 - 08/03/2020
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On Sunday, the economist Ali Jabbar expected that the price of a barrel of oil would drop below the $ 40 mark and reach $ 38 during the second quarter of 2020 due to the continuing paralysis of the economy globally.
Jabbar told Al-Maalouma that "oil prices are constantly declining after the Corona virus crisis, paralyzing international trade and the lack of oil demand."
He added that " [You must be registered and logged in to see this link.] first person affected by the drop in oil prices in the event of lower prices or reduced production because of its almost total dependence on oil and the absence of other economic resources."
He explained that "oil is expected to fall below the 40-dollar barrier during the current quarter and reach 38 dollars per barrel during the second quarter of 2020", pointing out that "the second quarter will turn the world economy into a depression in light of the global economic recession". Ended 25 and
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