Oil price falls as Covid-19 rears up around the world
Anxiety will remain heightened as the fight against Covid-19 continues, which is bad news for risk assets such as oil, one analyst says
29 June 2020 - 12:49
London — Oil prices slid on Monday as sharp spikes in new coronavirus infections around the world forced some countries to resume partial lockdowns, raising concerns about the pace of economic recovery and fuel demand.
Brent crude had dropped 44 US cents, or 1%, to $40.58 a barrel by 9.17am GMT, and US crude was 36c, or 1%, lower at $38.13...
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