International oil prices have fallen sharply again in four days.

At the New York Mercantile Exchange in the United States, crude oil from West Texas for delivery in June ended trading at $ 12.78, down 24.6% per barrel.

Crude oil from West Texas in June was once more than 30% of the week, falling to $ 11.

London's ICE futures exchange, which is a measure of international crude oil prices, also saw the Brent oil price fall in June, falling more than 6% per barrel.

Local media analyzed that the demand for crude oil in the Corona19 crisis has led to a sharp drop in crude oil demand and deepening oversupply.

In particular, it is said that the forecast that the world's crude oil storage tank will fill up the 'tank top' in the coming months will also have an impact on oil prices.

Along with this, an agreement to cut 9.7 million barrels a day by oil-producing countries is expected to be implemented from next month, but it is also considered to be a factor that will not significantly reduce the demand decline due to Corona19.

Despite the plunge in international oil prices, the New York Stock Exchange gained traction in the United States and some other European countries to resume economic activity.