Asian Markets Mostly Lower As Crude Oil Prices Extend Losses | ||
Tuesday, 28 April 2020 ()
Asian stock markets are mostly lower on Tuesday despite the positive cues overnight from Wall Street, as crude oil prices tumbled more than 15 percent and extended losses from Monday. Crude oil prices fell on Monday amid mounting fears that storage around the world could reach full capacity soon and production cuts may not be enough to offset the huge fall in demand amid the coronavirus pandemic. |