Oil inches higher despite demand fears
Oil prices on track for a second monthly fall on fears rise in Covid-19 cases will hit demand
30 October 2020 - 07:44
Singapore — Global oil prices edged up on Friday, but are on track for a second monthly fall on growing concerns that the rise in Covid-19 cases in Europe and the US could hurt fuel consumption.
Brent crude edged up 15c to $37.80 a barrel by 4.51am GMT after touching a five-month low in the previous session while US West Texas Intermediate (WTI) crude was at $36.27 a barrel, up 10c...
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