Fears of fuel demand being stifled drive oil prices lower
A meeting on Monday of Opec ans Opec+ pledged to support the oil market as concerns grow over soaring coronavirus cases
20 October 2020 - 11:57
London — Oil prices fell on Tuesday on worries that a resurgence of coronavirus cases globally is stifling a recovery in fuel demand while growing Libyan output adds to already plentiful supply.
Brent crude futures were trading down 34 US cents, or 0.8%, at $42.28 a barrel by 9.03am GMT. US West Texas Intermediate (WTI) crude futures fell 15c, or 0.4%, to $40.68...
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