London — Oil prices fell on Monday as coronavirus cases increased in many countries across the globe, but investors remained cautiously optimistic about ongoing talks over a EU-wide recovery fund to revive economies affected by the pandemic.

Brent crude was down 19 US cents, or 0.4%, at $42.95 a barrel by 8.45am GMT, and US oil slipped 19 cents, or 0.5%, to $40.40 a barrel...

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