Oil keeps sliding as US producers boost output and hurricane weakens
Workers return to platforms after storm is downgraded to a post-tropical cyclone
12 October 2020 - 07:35
Singapore — Oil prices dropped for a second consecutive session on Monday as US producers began restoring output after Hurricane Delta weakened, while a strike that had affected production in Norway ended.
Brent crude for December fell 32c, or 0.8%, to $42.53 a barrel by 5.47am and US West Texas Intermediate for November was at $40.30 a barrel, down 30c, or 0.7%...
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