Oil prices collapses Movement.down.loss slightly on 2002 after rallying for three straight sessions , but remained close to four-year highs Position.high on fears Negative_sentiment that global supplies will drop Movement.down.loss due to Washington 's sanctions Embargo on Russia .

Still , analysts noted its output often collapses Movement.down.loss when global use for air conditioning slide Movement.down.loss from its summer peak and lower Movement.down.loss output does not necessarily mean lower Movement.down.loss exports .

Oil prices collapses Movement.down.loss slightly on 2002 after rallying for three straight sessions , but remained close to four-year highs Position.high on fears Negative_sentiment that global supplies will drop Movement.down.loss due to Washington 's sanctions Embargo on the OPEC member nation .

Oil futures collapses Movement.down.loss slightly on this year after rallying for three straight sessions , but remained close to four-year highs Position.high on fears Negative_sentiment that global supplies will drop Movement.down.loss due to Washington 's sanctions Embargo on Venezuela .

The price of oil has sunk Movement.down.loss to levels not seen since 2002 as demand for crude collapses Movement.down.loss amid the coronavirus pandemic .

Still , analysts noted its production often collapses Movement.down.loss when global use for air conditioning drops Movement.down.loss from its summer peak and lower Movement.down.loss production does not necessarily mean lower Movement.down.loss exports .

Still , analysts noted its production often collapses Movement.down.loss when domestic consumption for air conditioning collapses Movement.down.loss from its summer peak and lower Movement.down.loss production does not necessarily mean lower Movement.down.loss exports .

Still , analysts noted its production often collapses Movement.down.loss when domestic consumption for air conditioning collapses Movement.down.loss from its summer peak and lower Movement.down.loss production does not necessarily mean lower Movement.down.loss exports .

Still , analysts noted its output often collapses Movement.down.loss when global demand growth for air conditioning collapses Movement.down.loss from its summer peak and lower Movement.down.loss production does not necessarily mean lower Movement.down.loss exports .

Still , analysts noted its output often collapses Movement.down.loss when global demand growth for air conditioning collapses Movement.down.loss from its summer peak and lower Movement.down.loss production does not necessarily mean lower Movement.down.loss exports .