Jitters over rising pandemic’s threat to fuel recovery weigh on oil
Risks of a second Covid-19 blow to world growth are rising, analyst says
20 July 2020 - 07:54
Tokyo — Oil prices fell on Monday, unnerved by the prospect that a recovery in fuel demand could be derailed by a rise in the pace of coronavirus infections worldwide.
Brent crude was down 25c, or 0.6%, at $42.89 a barrel by 5.53am, after dropping slightly last week. US oil was off 22c, or 0.5%, at $40.37 a barrel, after gaining 4c last week...
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