Oil holds steady as surging Covid-19 cases raise demand fears
Brent and US crude head for weekly losses while Russia does not rule out extending Opec+ output cuts
23 October 2020 - 11:15
London — Oil steadied near $42 a barrel on Friday, heading for its first weekly drop in three, as surging coronavirus cases in the US and Europe raise concerns about demand and Libyan output rises.
Several US states reported record daily increases in infections on Thursday, while France extended curfews for about two-thirds of its population as the second wave of the pandemic sweeps across Europe...
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