Oil extends losses on demand concerns
Brent crude falls 0.5% as US refineries return to operations ahead of Opec output meeting
11 September 2020 - 07:32
Tokyo — Oil prices fell for a second day on Friday, pressured by a surprise rise in US stockpiles as the coronavirus pandemic continues to erode demand for fuels.
Brent crude was down 18c, or 0.5%, at $39.88 a barrel by 3.37am GMT, after falling nearly 2% on Thursday, while US crude dropped 14c, or 0.4%, to $37.16 a barrel, having fallen 2% in the previous session...
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