Oil prices fall as more Covid-19 lockdowns affect demand
Brent crude futures fell 0.53% and US West Texas Intermediate 0.55%
08 December 2020 - 14:36
London — Oil prices fell on Tuesday, adding to the previous session’s losses after California tightened its pandemic lockdown to beyond Christmas and coronavirus cases surged in the US and Europe.
Brent crude futures fell 26c, or 0.53%, to $48.53 a barrel by 11.27am GMT, while US West Texas Intermediate (WTI) crude futures fell 25c or 0.55%, to $45.51 a barrel. Both benchmark contracts lost about 1% on Monday...
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