Oil prices drop as rising US coronavirus cases stoke fears of weak fuel demand - Business News, Finance News, Share Market News - Market trendz

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Monday, 15 June 2020

Oil prices drop as rising US coronavirus cases stoke fears of weak fuel demand

"Concerns about the recent uptick in COVID-19 infections in the US and a potential 'second wave' are weighing on oil at the moment," said Stephen Innes, chief global market strategist at AxiCorp.

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