Oil slips on rise in coronavirus cases and US-China standoff
Fall mirrors moves in broader financial markets in Asia amid concerns about escalating tensions after closures of consulates
27 July 2020 - 07:55
Singapore — Oil prices edged lower on Monday as rising coronavirus cases and tensions between the US and China pushed investors towards safe-haven assets.
Brent crude dipped 14c, or 0.3%, to $43.20 a barrel by 4.42am, while US West Texas Intermediate (WTI) crude dropped to $41.19 a barrel, down 10c, or 0.2%...
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