[size=36]Low oil prices in world markets[/size]
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: Oil prices fell today, Tuesday, in light of market fears of the repercussions of the closures in China, which were imposed there to combat the outbreak of the Corona virus.
By 10:26 Baghdad time, US crude futures "West Texas Intermediate" fell by 0.70% to $ 107.45 a barrel.
Meanwhile, Brent crude futures fell 0.56% to $112.53 a barrel, according to Bloomberg website data.
The decline came despite the announcement by Libya, a member of the "OPEC", yesterday that it had suspended crude production in its largest oil fields, as a state of "force majeure" was declared in the Sharara field. Ended 29/N33