Oil prices

<p>Oil prices fell 5% to about $ 28 per barrel on Wednesday, after reports that indicated a continuous oversupply and declining demand due to global quarantine measures related to coronavirus. </p>
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<p> The International Energy Agency (IEA) on Wednesday predicted a drop in oil demand in April by 29 million barrels per day to a minimum since 1995, and warned that no reduction in production could fully compensate for the short-term drop in the market. </p>