Oil dips amid concern about demand
Brent falls amid worry over slow recovery in global demand, but short-covering ahead of producer meeting limits losses
15 September 2020 - 08:37
Tokyo — Oil prices slipped on Tuesday as worry over slow recovery in global fuel demand was reinforced by warnings by major oil producers, but short-covering ahead of a meeting later this week of Opec and its allies, known as Opec-plus, limited losses.
Brent crude was down 5c, or 0.1%, at $39.56 a barrel by 4.07am GMT, while US West Texas Intermediate (WTI) crude futures were down 3c, or 0.1%, at $37.23 a barrel...
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