World|economy|April 22, 2020 / 11:29 AM
Brent crude plunges to 18-year low

AKIPRESS.COM - The Brent crude oil price has plunged to an 18-year low.

Brent (sourced from the North Sea) for delivery in June is trading at just $19 per barrel, down 25% today alone, following the slump in US crude oil prices below zero last night.

That’s its weakest level since early 2002, when the world economy had weakened after the dot-com bubble and the 9/11 terrorist attacks.

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