Worry about waning fuel demand in India pushes oil price down
India, the world’s third-largest oil user, reported another record increase in the daily death toll from Covid-19
21 April 2021 - 13:53
London — Oil prices fell for a second day on Wednesday, weighed down by concerns that surging Covid-19 cases in India would drive down fuel demand in the world’s third-biggest oil importer.
Brent crude futures for June declined 95 US cents, or 1.4%, to $65.62 a barrel at 9.41am GMT, heading for their biggest daily drop in over two weeks...
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