(UTV | COLOMBO) – About a week later, the price of a barrel of crude oil in the world market fell below $ 100.
Demand for this specialty has grown significantly as a result of recent corporate scandals in China.
China is the world’s largest oil importer. The price of a barrel of crude oil in the world market rose to $ 130 last week.
Brent crude was down 7.4 percent at $ 99.91 a barrel on Tuesday, the lowest level since late February.
West Texas Intermediate crude for the United States fell 6.4 percent to $ 96.44 a barrel. As a result, crude oil prices have fallen more than 20 percent in the past week.