American oil drops to less than $ 13. Lowest since 1999

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At 11:25 am (UK and Lisbon time), the American oil barrel West Texas Intermediate (WTI), for delivery in May, yielded 32.30% to $ 12.41, the lowest level since 1999.

In the past few weeks, the oil market has recorded the lowest price level in almost 20 years. Blockages and travel restrictions across the planet are having a strong impact on demand.