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Brent Crude Oil Prices fall by $40 in 10 Days

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Brent Crude Oil Prices fall by $40 in 10 Days

By: Akankhya Mahapatra

Date:

Insight Bureau: The Brent Crude Oil prices continue to fall and now hover at $99 per barrel. The reasons attributed to the decline include hopes from Russia-Ukraine peace talks and demand concerns due to Covid lockdowns in China.

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On March 7, Brent Crude prices had touched $139.13 a barrel, the highest since 2008. But, in just 10 days, the prices fell by $40.

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