Melbourne — Oil prices slid in early trade on Thursday on fresh worries about weakened fuel demand after England clamped down on travel and China, the world’s second-largest oil consumer, also sought to limit lunar new year trips to stem a surge in Covid-19 cases.
US West Texas Intermediate (WTI) crude futures fell 12 US cents, or 0.1%, to $52.72 a barrel at 2.28am GMT, erasing some of Wednesday’s gain...
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