Oil prices muted despite increased demand for petrol
Fear of new lockdowns as the coronavirus surges in the US is capping prices
09 July 2020 - 13:57
London — Concerns about renewed coronavirus lockdowns in the US outweighed signs of a recovery in US petrol demand on Thursday to keep a lid on oil prices.
The market is also in a holding pattern ahead of a meeting on July 15 of the market monitoring panel of oil cartel Opec and its allies (Opec+)...
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