West Texas Intermediate (WTI), the US benchmark, fell 19 percent to $ 14.73 a barrel at the beginning of the day, after which the market rebounded, AFP reports Went up and the price reached $ 15.78 a barrel.
International benchmark Brent dropped 4.1 percent to $ 26.93 a barrel, but stabilized again and the price fell to $ 28.11 a barrel.
Oil prices have been falling worldwide in recent weeks due to lockdowns and travel restrictions imposed by the Corona virus.
Last month, oil prices dropped sharply at the start of the war on the price war against non-OPEC member of Saudi Arabia, a key member of the OPEC.
However, earlier this month, Riyadh and Moscow agreed to reduce oil production by one million barrels per day, ending the dispute.
However, prices are steadily declining, which analysts believe is not enough to account for the massive reduction in demand due to the virus.
The US Energy Information Administration says crude oil storage in the world's largest economy last week rose to 1.12 billion 50 thousand barrels.
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