Oil falls despite Suez Canal disruptions
Brent slips as new lockdowns revive worry about demand, even as tug boats struggle to move a stranded container ship in the Suez Canal
25 March 2021 - 08:05
Melbourne — Oil prices fell more than 1% as new coronavirus lockdowns revived worry about demand for oil products, even as tug boats struggled to move a stranded container ship blocking crude oil carriers in the Suez Canal.
Brent crude futures slid 87c, or 1.4%, to $63.54 a barrel at 4.05am GMT, after jumping 6% overnight...
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