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Worry about plunging demand of crude oil futures fell sharply again

Central Banks to stimulate the production plan and the United States trying to interfere in Saudi Arabia and Russia to offset the outbreak of a pandemic caused by oil demand plummeted, California and New York travel ban will lead to further reduce oil demand, international oil prices rose in early trading, after closing down sharply, WTI intraday fell below $20 a barrel., according to the Chicago board of trade website data on Friday (March 20) the New York mercantile exchange west Texas light oil futures settled at $22.43 a barrel in April 2020, the previous trading day down $2.79, or 11.1%, trading range $19.46 - $27.89;Ice, in London, brent crude oil futures settled at $26.98 a barrel in May 2020, the previous trading day down $1.49, or 5.2%, trading range $26.81 and $30.94.