Oil prices fall on new virus strains and lockdown fears
Brent and WTI were both slightly down after a nine-session rally
11 February 2021 - 12:51
London — Oil prices fell on Thursday, paring recent gains, as renewed lockdowns and the emergence of new coronavirus variants weighed on the prospects for a swift demand recovery.
Brent crude fell 28c, or 0.5%, to $61.19 a barrel by 9.47am GMT and US West Texas Intermediate (WTI) crude slid 25c, or 0.4%, to $58.43...
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