Crude oil prices continued to plunge on the back of the world has been producing far more oil than needs. Supply remains much higher than demand. So prices have crashed.
On Tuesday, closing crude values have reduced. WTI on NYME closed at $30.44/bbl, reduced by $0.97/bbl compared to last closing prices.
Brent on Inter Continental Exchange reduced by $0.69/bbl compared to last trading and was assessed around $30.86/bbl.
