Oil prices drop below $ 40 amid growing demand concerns – WorldOil
By Andres Guerra Luz sure 05/09/2020
(Bloomberg) – Oil in New York City closed below $ 40 a barrel for the first time in a month, as a sell-off in larger markets exacerbated concerns about weakening demand after a season of sluggish summer driving.
US benchmark crude futures fell nearly 4% on Friday, leading oil to post its worst week since June. Stocks weakened and the…