Oil slips away from five-month highs
Brent falls as growing coronavirus cases worldwide shake market confidence
05 August 2020 - 08:14
Tokyo — Oil prices fell for the first time in four days on Wednesday, pulling back from as much as five-month highs as mounting coronavirus cases worldwide and in the US undercut market confidence in a pickup in fuel demand.
Brent crude was down 16c, or 0.4%, at $44.27 a barrel by 1.17am GMT. It finished 0.6% higher on Wednesday — the highest close since March 6...
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