Oil slips amid worry about demand
Brent loses ground amid the concern that a possible rise in Covid-19 cases may squeeze demand for fuel
08 September 2020 - 08:47
Melbourne/Singapore — Oil prices fell on Tuesday amid the concern that a possible rise in Covid-19 cases following the US Labor Day long weekend, which also marks the end of the peak US driving season, could squeeze demand for fuel.
Coronavirus cases rose in 22 of the 50 US states, a Reuters analysis showed, on the holiday weekend traditionally filled with gatherings to mark the end of summer. At the same time cases are flaring up in India and Britain...
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