The price of oil has dropped further. The deadly coronavirus became the enemy of the economy as well.
The fear and terror of Corona are spreading everywhere, now the effects of Coronavirus are beginning to affect crude oil prices.
World crude oil prices have reached the lowest level in two and a half years.
Crude oil fell to ninety-eight dollars eighty cents a barrel in October. For the first time since October 17, crude oil has fallen below 50 dollars.
Tourism is also seriously affected by this deadly virus.
Brent crude oil prices dropped eight percent to $ 45.70 a barrel. Tourism Wirelines Industries may face up to $ 50 billion in losses.
News report on The price of oil has dropped further.